2014 GEL to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
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.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
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 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |