YEARLY HIGH
50.7277 ISK
YEARLY LOW
39.6743 ISK
YEARLY AVERAGE
43.5336 ISK

2018 GEL to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 50.7277. Conversely, the yearly low was recorded on January 27, dropping to 39.6743.

This high-to-low spread represents a total annual volatility of 11.0533 ISK. From a start-to-finish perspective, comparing the January average rate of 40.1639 to the December average rate of 45.2602, the exchange rate registered a net change of 12.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 50.7277 was up 8.40% compared to the 2017 peak of 46.7979, 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 253,638 ISK
2017 Average 213,544 ISK
Yearly Trough Low 198,372 ISK
Transaction Impact: A difference of 55,266.70 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

49.4901
39.3160
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 41.4293, compared to 45.6379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.2086 points.

H1 Avg (Jan–Jun) 41.4293
H2 Avg (Jul–Dec) 45.6379

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 4.4638 ISK (High: 50.7277 / Low: 46.2639). On the other end, April was the most stable month, with a tight range of 0.7960 ISK (High: 41.3273 / Low: 40.5313).

November Spread (Volatile) ±4.4638
April Spread (Stable) ±0.7960

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.3820 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.3820

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 48.6423) against the same month in 2017 (average: 40.3865), the exchange rate shifted by +8.2558 (+20.44%).

2018 Avg (November) 48.6423
2017 Avg (November) 40.3865

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 40.7435 39.6743 40.1639
February 41.9196 40.2462 41.0496
March 40.9322 40.1160 40.6592
April 41.3273 40.5313 40.8630
May 43.2302 41.3580 42.3323
June 44.4791 42.4047 43.5079
July 43.9551 42.6779 43.5003
August 44.7324 43.0201 43.6229
September 46.3427 43.4345 44.9612
October 49.7223 45.7174 47.8404
November 50.7277 46.2639 48.6423
December 46.7483 43.3507 45.2602