2010 GEL to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 GEL to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the GEL to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 75.6072. Conversely, the yearly low was recorded on October 7, dropping to 60.9703.
This high-to-low spread represents a total annual volatility of 14.6369 ISK. From a start-to-finish perspective, comparing the January average rate of 73.5813 to the December average rate of 65.6905, the exchange rate registered a net change of -10.72% (reflecting a weakening trend).
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
GEL to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 72.2738, compared to 64.4800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.7938 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was May, with a trading range of 5.5349 ISK (High: 73.2929 / Low: 67.7581). On the other end, April was the most stable month, with a tight range of 1.7242 ISK (High: 73.6202 / Low: 71.8960).
Growth Streaks & Declines
TrendsBetween October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 2.1949 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for February 2010 is 74.0630.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 74.5361 | 72.5884 | 73.5813 |
| February | 75.6072 | 71.8081 | 74.0630 |
| March | 74.8341 | 72.3161 | 73.9009 |
| April | 73.6202 | 71.8960 | 72.5373 |
| May | 73.2929 | 67.7581 | 70.4551 |
| June | 72.1471 | 67.0483 | 69.1051 |
| July | 69.0566 | 65.2073 | 66.9102 |
| August | 65.8488 | 63.5535 | 64.8511 |
| September | 65.0613 | 62.6227 | 63.6125 |
| October | 63.1876 | 60.9703 | 62.1301 |
| November | 66.4231 | 61.5290 | 63.6855 |
| December | 66.7780 | 64.6163 | 65.6905 |