YEARLY HIGH
683.9068 IQD
YEARLY LOW
606.1791 IQD
YEARLY AVERAGE
653.4851 IQD

2010 GEL to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the GEL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 683.9068. Conversely, the yearly low was recorded on May 25, dropping to 606.1791.

This high-to-low spread represents a total annual volatility of 77.7277 IQD. From a start-to-finish perspective, comparing the January average rate of 674.5471 to the December average rate of 662.8645, the exchange rate registered a net change of -1.73% (reflecting a weakening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 3,419,534 IQD
Yearly Average 3,267,426 IQD
Yearly Trough Low 3,030,896 IQD
Transaction Impact: A difference of 388,638.30 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

680.4044
625.2394
JanuMarcMayJulySeptNove

GEL to IQD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 659.2784, compared to 647.6919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.5865 points.

H1 Avg (Jan–Jun) 659.2784
H2 Avg (Jul–Dec) 647.6919

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 57.3323 IQD (High: 663.5114 / Low: 606.1791). On the other end, July was the most stable month, with a tight range of 4.8566 IQD (High: 637.5930 / Low: 632.7363).

May Spread (Volatile) ±57.3323
July Spread (Stable) ±4.8566

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 28.0237 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -28.0237

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 674.5471.

2010 Avg (January) 674.5471
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 683.9068 660.1505 674.5471
February 682.7102 652.4927 672.8558
March 683.3655 670.6412 675.8073
April 673.0902 657.6632 665.3236
May 663.5114 606.1791 637.3000
June 654.7596 618.8849 629.8365
July 637.5930 632.7363 634.4467
August 641.3891 631.2732 635.9344
September 650.2088 630.7888 638.3131
October 659.1482 644.8308 651.5865
November 666.7953 656.2201 663.0061
December 666.6330 660.0738 662.8645