2017 GEL to ISK Historical Review

YEARLY HIGH

46.7979 ISK

YEARLY LOW

38.0607 ISK

YEARLY AVERAGE

42.7063 ISK

2017 GEL to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 46.7979. Conversely, the yearly low was recorded on November 24, dropping to 38.0607.

This high-to-low spread represents a total annual volatility of 8.7373 ISK. From a start-to-finish perspective, comparing the January average rate of 42.3628 to the December average rate of 39.9665, the exchange rate registered a net change of -5.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 46.7979 was down 19.83% compared to the 2016 peak of 58.3741, 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 233,990 ISK

2016 Average 256,338 ISK

Yearly Trough Low 190,303 ISK

Transaction Impact: A difference of 43,686.38 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

46.3171

39.3892

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 43.1583, compared to 42.2542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9041 points.

H1 Avg (Jan–Jun) 43.1583

H2 Avg (Jul–Dec) 42.2542

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 3.8333 ISK (High: 46.6143 / Low: 42.7810). On the other end, September was the most stable month, with a tight range of 1.0175 ISK (High: 43.6676 / Low: 42.6501).

March Spread (Volatile) ±3.8333

September Spread (Stable) ±1.0175

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 3.3512 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.3512

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 45.7397) against the same month in 2016 (average: 54.9329), the exchange rate shifted by -9.1931 (-16.74%).

2017 Avg (April) 45.7397

2016 Avg (April) 54.9329

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	43.1425	41.1014	42.3628
February	43.1061	41.6559	42.3110
March	46.6143	42.7810	44.2941
April	46.7979	43.0349	45.7397
May	43.6505	40.9916	42.3885
June	43.6597	40.2243	41.8536
July	45.0902	42.3571	43.4899
August	45.4978	43.0374	44.1511
September	43.6676	42.6501	43.1346
October	43.1061	41.2848	42.3969
November	41.8084	38.0607	40.3865
December	41.8945	38.0944	39.9665