YEARLY HIGH
0.0245 GEL
YEARLY LOW
0.0217 GEL
YEARLY AVERAGE
0.0230 GEL

2019 ISK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 0.0245. Conversely, the yearly low was recorded on June 15, dropping to 0.0217.

This high-to-low spread represents a total annual volatility of 0.0028 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0223 to the December average rate of 0.0237, the exchange rate registered a net change of 6.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0245 was down 2.74% compared to the 2018 peak of 0.0252, 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
2018 Average 115 GEL
Yearly Trough Low 109 GEL
Transaction Impact: A difference of 14.04 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0242
0.0219
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 0.0223, compared to 0.0236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0223
H2 Avg (Jul–Dec) 0.0236

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0023 GEL (High: 0.0245 / Low: 0.0221). On the other end, October was the most stable month, with a tight range of 0.0005 GEL (High: 0.0241 / Low: 0.0236).

July Spread (Volatile) ±0.0023
October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.0240) against the same month in 2018 (average: 0.0206), the exchange rate shifted by +0.0034 (+16.72%).

2019 Avg (November) 0.0240
2018 Avg (November) 0.0206

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0230 0.0219 0.0223
February 0.0225 0.0218 0.0221
March 0.0230 0.0219 0.0224
April 0.0226 0.0219 0.0224
May 0.0226 0.0220 0.0224
June 0.0230 0.0217 0.0222
July 0.0245 0.0221 0.0230
August 0.0240 0.0233 0.0237
September 0.0240 0.0232 0.0237
October 0.0241 0.0236 0.0238
November 0.0245 0.0236 0.0240
December 0.0245 0.0232 0.0237