YEARLY HIGH
75.6072 ISK
YEARLY LOW
60.9703 ISK
YEARLY AVERAGE
68.3769 ISK

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).

Transfer Payout Power Comparison

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

Yearly Peak High 378,036 ISK
Yearly Average 341,884 ISK
Yearly Trough Low 304,851 ISK
Transaction Impact: A difference of 73,184.57 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

75.2562
60.9368
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 72.2738
H2 Avg (Jul–Dec) 64.4800

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±5.5349
April Spread (Stable) ±1.7242

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.1949

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for February 2010 is 74.0630.

2010 Avg (February) 74.0630
Baseline Avg N/A

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