GEL to NOK Historical Rates
Analyze long-term market trends and access daily historical data for the GEL/NOK pair.
10-Year GEL to NOK Performance & Macro Timing Review
Analysis of key historical highlights and timing insights over the past decade
Over the last 10 years, the GEL to NOK exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on May 2, 2023, when the pair was valued at 4.3485. Conversely, the absolute lowest rate of the decade was recorded on April 28, 2021, dropping to a support floor of 2.3660.
This peak-to-trough range represents a total macro spread of 1.9825 NOK. From a long-term perspective, comparing the decade's oldest annual average of 3.4493 (in 2016) to the newest annual average of 3.6084 (in 2026), the exchange rate registered a net shift of +4.61%.
Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 3.6745, showing a variance of 0.5352 points compared to the older 5-year average of 3.1393.
Value generated converting a dynamic sum of 5,000 GEL over the decade:
10-Year Macro Trend
Monthly average exchange rates over the last decade.
GEL to NOK Macro Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Decade Halves Comparison
Macro ShiftThe average exchange rate in the first 5 years of the decade was 3.1393, compared to 3.6745 in the recent 5 years. This shows that the rate was stronger in the recent 5 years (post-5yr baseline) by a margin of 0.5352 points.
Annual Volatility Extremes
VolatilityThe most volatile year in the decade was 2022, with a trading range of 1.2679 NOK (High: 3.8762 / Low: 2.6083). Conversely, 2026 was the most stable year, with a range of 0.3009 NOK (High: 3.7593 / Low: 3.4584).
Decade Growth & Declines
Macro TrendsBetween 2021 and 2023, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 2 straight years. Conversely, the sharpest year-over-year decline occurred between 2020 and 2021, when the average rate fell by 0.3537 points.
10-Year Historical Baseline
YoY BaselineComparing the decade's oldest annual average (2016: 3.4493) against the newest annual average (2026: 3.6084), the exchange rate shifted by +0.1592 (+4.61%).
Recent 30 Days
Live daily mid-market rates for the past month.
| Date | Exchange Rate |
|---|---|
| 2026-08-01 | 3.6149 |
| 2026-07-31 | 3.6423 |
| 2026-07-30 | 3.6656 |
| 2026-07-29 | 3.6846 |
| 2026-07-28 | 3.6900 |
| 2026-07-27 | 3.6688 |
| 2026-07-26 | 3.6488 |
| 2026-07-25 | 3.6484 |
| 2026-07-24 | 3.6542 |
| 2026-07-23 | 3.6490 |
| 2026-07-22 | 3.6670 |
| 2026-07-21 | 3.6752 |
| 2026-07-20 | 3.6797 |
| 2026-07-19 | 3.6831 |
| 2026-07-18 | 3.6751 |
| 2026-07-17 | 3.6805 |
| 2026-07-16 | 3.6888 |
| 2026-07-15 | 3.6961 |
| 2026-07-14 | 3.6934 |
| 2026-07-13 | 3.6980 |
| 2026-07-12 | 3.6970 |
| 2026-07-11 | 3.6985 |
| 2026-07-10 | 3.6908 |
| 2026-07-09 | 3.6899 |
| 2026-07-08 | 3.6998 |
| 2026-07-07 | 3.7166 |
| 2026-07-06 | 3.7296 |
| 2026-07-05 | 3.7335 |
| 2026-07-04 | 3.7347 |
| 2026-07-03 | 3.7308 |
| 2026-07-02 | 3.7406 |
Browse by Year
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