YEARLY HIGH
72.0459 ISK
YEARLY LOW
63.3981 ISK
YEARLY AVERAGE
66.2747 ISK

2014 GEL to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 72.0459. Conversely, the yearly low was recorded on May 2, dropping to 63.3981.

This high-to-low spread represents a total annual volatility of 8.6478 ISK. From a start-to-finish perspective, comparing the January average rate of 65.6635 to the December average rate of 70.3071, the exchange rate registered a net change of 7.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 72.0459 was down 8.12% compared to the 2013 peak of 78.4156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 360,229 ISK
2013 Average 366,787 ISK
Yearly Trough Low 316,991 ISK
Transaction Impact: A difference of 43,238.76 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

70.9535
63.1967
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 64.5554, compared to 67.9941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4387 points.

H1 Avg (Jan–Jun) 64.5554
H2 Avg (Jul–Dec) 67.9941

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 4.2460 ISK (High: 72.0459 / Low: 67.7998). On the other end, March was the most stable month, with a tight range of 0.9459 ISK (High: 65.0065 / Low: 64.0605).

December Spread (Volatile) ±4.2460
March Spread (Stable) ±0.9459

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.6921 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.6921

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 70.3071) against the same month in 2013 (average: 67.7033), the exchange rate shifted by +2.6038 (+3.85%).

2014 Avg (December) 70.3071
2013 Avg (December) 67.7033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 66.6440 64.8181 65.6635
February 66.0187 64.4022 65.1766
March 65.0065 64.0605 64.4845
April 64.4656 63.4479 63.8431
May 64.3515 63.3981 63.8597
June 64.8115 63.8569 64.3050
July 66.0305 63.8383 64.8642
August 66.9681 65.9494 66.5026
September 68.8643 66.9834 67.8685
October 69.2784 68.3198 68.7205
November 70.7492 68.4200 69.7016
December 72.0459 67.7998 70.3071