YEARLY HIGH
0.0246 GEL
YEARLY LOW
0.0171 GEL
YEARLY AVERAGE
0.0196 GEL

2016 ISK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0246. Conversely, the yearly low was recorded on May 31, dropping to 0.0171.

This high-to-low spread represents a total annual volatility of 0.0075 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0187 to the December average rate of 0.0236, the exchange rate registered a net change of 25.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0246 was up 26.92% compared to the 2015 peak of 0.0194, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 123 GEL
2015 Average 84 GEL
Yearly Trough Low 86 GEL
Transaction Impact: A difference of 37.35 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0241
0.0171
JanuMarcMayJulySeptNove

ISK to GEL 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 0.0184, compared to 0.0209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0184
H2 Avg (Jul–Dec) 0.0209

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0019 GEL (High: 0.0191 / Low: 0.0172). On the other end, August was the most stable month, with a tight range of 0.0003 GEL (High: 0.0198 / Low: 0.0195).

June Spread (Volatile) ±0.0019
August Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0006 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0236) against the same month in 2015 (average: 0.0185), the exchange rate shifted by +0.0051 (+27.55%).

2016 Avg (December) 0.0236
2015 Avg (December) 0.0185

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0191 0.0185 0.0187
February 0.0197 0.0191 0.0194
March 0.0192 0.0183 0.0188
April 0.0187 0.0179 0.0182
May 0.0183 0.0171 0.0176
June 0.0191 0.0172 0.0178
July 0.0197 0.0189 0.0192
August 0.0198 0.0195 0.0196
September 0.0205 0.0197 0.0201
October 0.0211 0.0204 0.0206
November 0.0227 0.0214 0.0220
December 0.0246 0.0229 0.0236