2022 ISK to GEL Historical Review

YEARLY HIGH

0.0258 GEL

YEARLY LOW

0.0184 GEL

YEARLY AVERAGE

0.0217 GEL

2022 ISK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0258. Conversely, the yearly low was recorded on November 3, dropping to 0.0184.

This high-to-low spread represents a total annual volatility of 0.0074 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0239 to the December average rate of 0.0188, the exchange rate registered a net change of -21.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0258 was down 8.68% compared to the 2021 peak of 0.0282, 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 129 GEL

2021 Average 127 GEL

Yearly Trough Low 92 GEL

Transaction Impact: A difference of 36.99 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0254

0.0182

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 0.0236, compared to 0.0197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0236

H2 Avg (Jul–Dec) 0.0197

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.0020 GEL (High: 0.0253 / Low: 0.0234). On the other end, January was the most stable month, with a tight range of 0.0005 GEL (High: 0.0241 / Low: 0.0236).

February Spread (Volatile) ±0.0020

January Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0248) against the same month in 2021 (average: 0.0262), the exchange rate shifted by -0.0014 (-5.51%).

2022 Avg (March) 0.0248

2021 Avg (March) 0.0262

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0241	0.0236	0.0239
February	0.0253	0.0234	0.0240
March	0.0258	0.0241	0.0248
April	0.0241	0.0232	0.0237
May	0.0238	0.0220	0.0227
June	0.0234	0.0219	0.0224
July	0.0220	0.0203	0.0214
August	0.0205	0.0197	0.0200
September	0.0210	0.0195	0.0201
October	0.0198	0.0191	0.0193
November	0.0194	0.0184	0.0189
December	0.0192	0.0184	0.0188