2021 ISK to GEL Historical Review

YEARLY HIGH

0.0282 GEL

YEARLY LOW

0.0236 GEL

YEARLY AVERAGE

0.0254 GEL

2021 ISK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.0282. Conversely, the yearly low was recorded on December 26, dropping to 0.0236.

This high-to-low spread represents a total annual volatility of 0.0046 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0257 to the December average rate of 0.0238, the exchange rate registered a net change of -7.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0282 was up 6.28% compared to the 2020 peak of 0.0265, 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 141 GEL

2020 Average 115 GEL

Yearly Trough Low 118 GEL

Transaction Impact: A difference of 23.06 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0277

0.0235

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 0.0264, compared to 0.0243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0264

H2 Avg (Jul–Dec) 0.0243

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0018 GEL (High: 0.0272 / Low: 0.0254). On the other end, December was the most stable month, with a tight range of 0.0005 GEL (High: 0.0241 / Low: 0.0236).

June Spread (Volatile) ±0.0018

December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0015 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0273) against the same month in 2020 (average: 0.0220), the exchange rate shifted by +0.0052 (+23.76%).

2021 Avg (April) 0.0273

2020 Avg (April) 0.0220

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0262	0.0254	0.0257
February	0.0264	0.0254	0.0258
March	0.0269	0.0259	0.0262
April	0.0282	0.0267	0.0273
May	0.0278	0.0267	0.0274
June	0.0272	0.0254	0.0258
July	0.0255	0.0244	0.0251
August	0.0249	0.0243	0.0246
September	0.0246	0.0238	0.0243
October	0.0246	0.0240	0.0243
November	0.0244	0.0236	0.0240
December	0.0241	0.0236	0.0238