2015 GEL to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 GEL to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the GEL to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 79.2614. Conversely, the yearly low was recorded on September 17, dropping to 51.5935.
This high-to-low spread represents a total annual volatility of 27.6679 ISK. From a start-to-finish perspective, comparing the January average rate of 74.4508 to the December average rate of 54.1442, the exchange rate registered a net change of -27.28% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 79.2614 was up 10.02% compared to the 2014 peak of 72.0459, 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 2015.
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 66.1668, compared to 55.2287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.9381 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was March, with a trading range of 18.3171 ISK (High: 79.2614 / Low: 60.9443). On the other end, July was the most stable month, with a tight range of 1.1680 ISK (High: 60.0836 / Low: 58.9156).
Growth Streaks & Declines
TrendsBetween May and July, 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 March and April, when the average rate fell by 11.6518 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2015: 71.8800) against the same month in 2014 (average: 64.4845), the exchange rate shifted by +7.3954 (+11.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 76.5919 | 72.2968 | 74.4508 |
| February | 75.4460 | 74.2283 | 74.8078 |
| March | 79.2614 | 60.9443 | 71.8800 |
| April | 61.8386 | 56.7150 | 60.2282 |
| May | 59.1934 | 55.3337 | 57.0941 |
| June | 59.2089 | 57.5821 | 58.5402 |
| July | 60.0836 | 58.9156 | 59.3765 |
| August | 59.1432 | 53.1421 | 56.7800 |
| September | 54.8039 | 51.5935 | 53.3868 |
| October | 54.2789 | 51.9872 | 52.9888 |
| November | 55.3948 | 53.5377 | 54.6959 |
| December | 55.2527 | 53.1771 | 54.1442 |