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GEL to ISK Historical Rates

Analyze long-term market trends and access daily historical data for the GEL/ISK pair.

10-YEAR HIGH
55.5771 ISK
10-YEAR LOW
35.4414 ISK
10-YEAR AVERAGE
45.6504 ISK

10-Year GEL to ISK Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the GEL to ISK exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on May 18, 2023, when the pair was valued at 55.5771. Conversely, the absolute lowest rate of the decade was recorded on April 28, 2021, dropping to a support floor of 35.4414.

This peak-to-trough range represents a total macro spread of 20.1357 ISK. From a long-term perspective, comparing the decade's oldest annual average of 47.4465 (in 2016) to the newest annual average of 46.4273 (in 2026), the exchange rate registered a net shift of -2.15%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 48.2413, showing a variance of 5.1449 points compared to the older 5-year average of 43.0964.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 5,000 GEL over the decade:

Decade Peak High 277,885 ISK
10-Year Average 228,252 ISK
Decade Trough Low 177,207 ISK
Macro Timing Impact: A difference of 100,678.43 ISK purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

56.6023
34.3635
201620182020202220242026

GEL to ISK Macro Trends & Volatility Analysis

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

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 43.0964, compared to 48.2413 in the recent 5 years. This shows that the rate was stronger in the recent 5 years (post-5yr baseline) by a margin of 5.1449 points.

Older 5 Yrs Avg 43.0964
Recent 5 Yrs Avg 48.2413

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2022, with a trading range of 15.6334 ISK (High: 54.4432 / Low: 38.8099). Conversely, 2026 was the most stable year, with a range of 3.2140 ISK (High: 48.0266 / Low: 44.8126).

2022 Spread (Volatile) ±15.6334
2026 Spread (Stable) ±3.2140

Decade Growth & Declines

Macro Trends

Between 2017 and 2019, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 2 straight years. Conversely, the sharpest year-over-year decline occurred between 2016 and 2017, when the average rate fell by 4.7377 points.

Longest Streak 2 Yrs.
Sharpest YoY Drop -4.7377

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 47.4465) against the newest annual average (2026: 46.4273), the exchange rate shifted by -1.0192 (-2.15%).

2016 Baseline Avg 47.4465
2026 Current Avg 46.4273

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-30 47.5229
2026-07-29 47.5352
2026-07-28 47.8511
2026-07-27 47.7827
2026-07-26 47.8934
2026-07-25 47.9238
2026-07-24 47.8973
2026-07-23 47.8059
2026-07-22 47.8734
2026-07-21 47.7770
2026-07-20 47.7471
2026-07-19 47.7105
2026-07-18 47.7562
2026-07-17 47.7248
2026-07-16 47.6931
2026-07-15 47.8246
2026-07-14 47.7114
2026-07-13 47.5148
2026-07-12 47.5723
2026-07-11 47.5009
2026-07-10 47.5071
2026-07-09 47.4904
2026-07-08 47.5172
2026-07-07 47.7193
2026-07-06 47.8333
2026-07-05 47.7337
2026-07-04 47.7875
2026-07-03 47.7280
2026-07-02 47.7402
2026-07-01 47.8105
2026-06-30 47.7908

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