2022 GEL to ISK Historical Review

YEARLY HIGH

54.4432 ISK

YEARLY LOW

38.8099 ISK

YEARLY AVERAGE

46.6264 ISK

2022 GEL to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 54.4432. Conversely, the yearly low was recorded on March 8, dropping to 38.8099.

This high-to-low spread represents a total annual volatility of 15.6334 ISK. From a start-to-finish perspective, comparing the January average rate of 41.9056 to the December average rate of 53.1940, the exchange rate registered a net change of 26.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 54.4432 was up 28.51% compared to the 2021 peak of 42.3648, 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 272,216 ISK

2021 Average 197,680 ISK

Yearly Trough Low 194,049 ISK

Transaction Impact: A difference of 78,166.77 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

54.4738

39.1162

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 42.4972, compared to 50.7557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.2586 points.

H1 Avg (Jan–Jun) 42.4972

H2 Avg (Jul–Dec) 50.7557

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 3.7369 ISK (High: 49.1465 / Low: 45.4096). On the other end, January was the most stable month, with a tight range of 0.9174 ISK (High: 42.4430 / Low: 41.5256).

July Spread (Volatile) ±3.7369

January Spread (Stable) ±0.9174

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.3051 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.3051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 52.9556) against the same month in 2021 (average: 41.6659), the exchange rate shifted by +11.2898 (+27.10%).

2022 Avg (November) 52.9556

2021 Avg (November) 41.6659

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	42.4430	41.5256	41.9056
February	42.8074	39.4841	41.7011
March	41.5503	38.8099	40.3960
April	43.0164	41.5347	42.2611
May	45.4236	42.0375	44.1313
June	45.5744	42.7754	44.5878
July	49.1465	45.4096	46.6760
August	50.7712	48.8325	50.0400
September	51.2804	47.5667	49.8567
October	52.4545	50.5801	51.8120
November	54.4432	51.6550	52.9556
December	54.2189	52.1627	53.1940