YEARLY HIGH
46.0693 ISK
YEARLY LOW
40.7933 ISK
YEARLY AVERAGE
43.5833 ISK

2019 GEL to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 46.0693. Conversely, the yearly low was recorded on November 30, dropping to 40.7933.

This high-to-low spread represents a total annual volatility of 5.2760 ISK. From a start-to-finish perspective, comparing the January average rate of 44.9428 to the December average rate of 42.2101, the exchange rate registered a net change of -6.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 46.0693 was down 9.18% compared to the 2018 peak of 50.7277, 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 230,347 ISK
2018 Average 217,717 ISK
Yearly Trough Low 203,966 ISK
Transaction Impact: A difference of 26,380.24 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

45.5313
41.2769
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 44.8629, compared to 42.3037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5592 points.

H1 Avg (Jan–Jun) 44.8629
H2 Avg (Jul–Dec) 42.3037

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 4.2995 ISK (High: 45.1556 / Low: 40.8562). On the other end, October was the most stable month, with a tight range of 0.8783 ISK (High: 42.3958 / Low: 41.5175).

July Spread (Volatile) ±4.2995
October Spread (Stable) ±0.8783

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.5010 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.5010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 45.0081) against the same month in 2018 (average: 43.5079), the exchange rate shifted by +1.5002 (+3.45%).

2019 Avg (June) 45.0081
2018 Avg (June) 43.5079

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.6685 43.4255 44.9428
February 45.7958 44.4796 45.1768
March 45.6319 43.3854 44.7013
April 45.6765 44.1821 44.7056
May 45.3900 44.3386 44.6429
June 46.0693 43.5630 45.0081
July 45.1556 40.8562 43.5072
August 42.8606 41.5802 42.2554
September 43.0884 41.5879 42.1848
October 42.3958 41.5175 42.0334
November 42.3283 40.7933 41.6315
December 43.1594 40.8948 42.2101