YEARLY HIGH
0.0263 GEL
YEARLY LOW
0.0214 GEL
YEARLY AVERAGE
0.0235 GEL

2017 ISK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0263. Conversely, the yearly low was recorded on April 13, dropping to 0.0214.

This high-to-low spread represents a total annual volatility of 0.0049 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0236 to the December average rate of 0.0250, the exchange rate registered a net change of 6.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0263 was up 6.80% compared to the 2016 peak of 0.0246, 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 131 GEL
2016 Average 98 GEL
Yearly Trough Low 107 GEL
Transaction Impact: A difference of 24.53 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0254
0.0216
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 0.0232, compared to 0.0237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0232
H2 Avg (Jul–Dec) 0.0237

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0024 GEL (High: 0.0263 / Low: 0.0239). On the other end, September was the most stable month, with a tight range of 0.0005 GEL (High: 0.0234 / Low: 0.0229).

December Spread (Volatile) ±0.0024
September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0248) against the same month in 2016 (average: 0.0220), the exchange rate shifted by +0.0028 (+12.64%).

2017 Avg (November) 0.0248
2016 Avg (November) 0.0220

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0243 0.0232 0.0236
February 0.0240 0.0232 0.0236
March 0.0234 0.0215 0.0226
April 0.0232 0.0214 0.0219
May 0.0244 0.0229 0.0236
June 0.0249 0.0229 0.0239
July 0.0236 0.0222 0.0230
August 0.0232 0.0220 0.0227
September 0.0234 0.0229 0.0232
October 0.0242 0.0232 0.0236
November 0.0263 0.0239 0.0248
December 0.0263 0.0239 0.0250