2020 GEL to ISK Historical Review

YEARLY HIGH

48.8351 ISK

YEARLY LOW

37.6655 ISK

YEARLY AVERAGE

43.5344 ISK

2020 GEL to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 48.8351. Conversely, the yearly low was recorded on December 6, dropping to 37.6655.

This high-to-low spread represents a total annual volatility of 11.1697 ISK. From a start-to-finish perspective, comparing the January average rate of 42.9074 to the December average rate of 38.6703, the exchange rate registered a net change of -9.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 48.8351 was up 6.00% compared to the 2019 peak of 46.0693, 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 244,176 ISK

2019 Average 217,862 ISK

Yearly Trough Low 188,327 ISK

Transaction Impact: A difference of 55,848.26 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

46.0494

37.9994

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 44.4728, compared to 42.5960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8768 points.

H1 Avg (Jan–Jun) 44.4728

H2 Avg (Jul–Dec) 42.5960

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 8.1993 ISK (High: 48.8351 / Low: 40.6358). On the other end, January was the most stable month, with a tight range of 0.9561 ISK (High: 43.2812 / Low: 42.3252).

March Spread (Volatile) ±8.1993

January Spread (Stable) ±0.9561

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.4910 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.4910

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 44.8422) against the same month in 2019 (average: 44.7013), the exchange rate shifted by +0.1409 (+0.32%).

2020 Avg (March) 44.8422

2019 Avg (March) 44.7013

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	43.2812	42.3252	42.9074
February	46.0971	42.5623	44.5089
March	48.8351	40.6358	44.8422
April	46.2166	43.3881	45.3786
May	45.9281	42.6135	44.7604
June	45.6307	41.5204	44.4392
July	45.8958	43.4378	45.0272
August	44.7673	43.6570	44.2208
September	45.4628	41.2090	43.3865
October	43.6049	42.1649	43.1098
November	43.6125	39.8891	41.1612
December	39.4247	37.6655	38.6703