diff --git a/dotnet-gitchanges.Tests/Readers/GitReaderTests.cs b/dotnet-gitchanges.Tests/Readers/GitReaderTests.cs
index 61d1cae..68088e6 100644
--- a/dotnet-gitchanges.Tests/Readers/GitReaderTests.cs
+++ b/dotnet-gitchanges.Tests/Readers/GitReaderTests.cs
@@ -1,5 +1,6 @@
 using System;
 using System.Collections.Generic;
+using System.Linq;
 using dotnet_gitchanges.Configuration;
 using LibGit2Sharp;
 using Moq;
@@ -34,6 +35,65 @@ public void VerifyCacheIsLoadedFromRepository()
             repoMock.VerifyAll();
         }
         
+        [Test]
+        public void VerifyUnreleasedCommitsHaveUnreleasedVersion()
+        {
+            var patterns = new ParsingPatterns
+            {
+                Reference = "reference:(.*)[\n]?",
+                Version = "version:(.*)[\n]?",
+                Tag = "tag:(.*)[\n]?"
+            };
+            var expectedChanges = new List<IChange>
+            {
+                new GitChange("Unreleased", "Added", "Some Unreleased Summary", DateTimeOffset.Now),
+                new GitChange("0.2.0", "Added", "Some Summary", DateTimeOffset.Now.AddDays(-1)),
+                new GitChange("0.1.0", "Removed", "Another Summary", DateTimeOffset.Now.AddDays(-2))
+            };
+            var repoMock = new Mock<IRepository>();
+            var commitLog = Mock.Of<IQueryableCommitLog>(cl => cl.GetEnumerator() == MockCommitEnumerator(expectedChanges));
+            var reader = new GitReader(repoMock.Object, patterns);
+
+            repoMock.Setup(r => r.Commits).Returns(commitLog);
+            
+            Assert.That(reader.Changes(), Is.EquivalentTo(expectedChanges));
+            repoMock.VerifyAll();
+        }
+        
+        [Test]
+        public void VerifyReleasedCommitsWithUnreleasedInVersionHaveCorrectVersion()
+        {
+            var patterns = new ParsingPatterns
+            {
+                Reference = "reference:(.*)[\n]?",
+                Version = "version:(.*)[\n]?",
+                Tag = "tag:(.*)[\n]?"
+            };
+            var today = DateTimeOffset.Now;
+            var yesterday = DateTimeOffset.Now.AddDays(-1);
+            var twoDaysAgo = DateTimeOffset.Now.AddDays(-2);
+            var changes = new List<IChange>
+            {
+                new GitChange("0.2.0", "Added", "Some Summary", today),
+                new GitChange("Unreleased", "Added", "Some now released Summary", yesterday),
+                new GitChange("0.1.0", "Removed", "Another Summary", twoDaysAgo)
+            };
+            var expectedChanges = new List<IChange>
+            {
+                new GitChange("0.2.0", "Added", "Some Summary", today),
+                new GitChange("0.2.0", "Added", "Some now released Summary", yesterday),
+                new GitChange("0.1.0", "Removed", "Another Summary", twoDaysAgo)
+            };
+            var repoMock = new Mock<IRepository>();
+            var commitLog = Mock.Of<IQueryableCommitLog>(cl => cl.GetEnumerator() == MockCommitEnumerator(changes));
+            var reader = new GitReader(repoMock.Object, patterns);
+
+            repoMock.Setup(r => r.Commits).Returns(commitLog);
+            var actualChanges = reader.Changes().ToList();
+            Assert.That(actualChanges, Is.EquivalentTo(expectedChanges));
+            repoMock.VerifyAll();
+        }
+        
         private static IEnumerator<Commit> MockCommitEnumerator(IEnumerable<IChange> expectedChanges)
         {
             foreach (var expectedChange in expectedChanges)
diff --git a/dotnet-gitchanges/Readers/GitReader.cs b/dotnet-gitchanges/Readers/GitReader.cs
index bac92b6..f4333ce 100644
--- a/dotnet-gitchanges/Readers/GitReader.cs
+++ b/dotnet-gitchanges/Readers/GitReader.cs
@@ -1,4 +1,5 @@
-using System.Collections.Generic;
+using System;
+using System.Collections.Generic;
 using System.Linq;
 using System.Text.RegularExpressions;
 using dotnet_gitchanges.Configuration;
@@ -8,8 +9,10 @@ namespace dotnet_gitchanges
 {
     public class GitReader : IRepositoryReader
     {
+        private const string Unreleased = "Unreleased";
         private readonly IRepository _repository;
         private readonly ParsingPatterns _patterns;
+        private string _lastVersion = Unreleased;
         
         public GitReader(IRepository repository, ParsingPatterns patterns)
         {
@@ -26,6 +29,15 @@ public IEnumerable<IChange> Changes()
                     var reference = GetMatchOrDefault(Regex.Match(commit.Message, _patterns.Reference));
                     var version = GetMatchOrDefault(Regex.Match(commit.Message, _patterns.Version));
                     var tag = GetMatchOrDefault(Regex.Match(commit.Message, _patterns.Tag));
+
+                    if (string.Equals(version, Unreleased, StringComparison.CurrentCultureIgnoreCase))
+                    {
+                        version = _lastVersion;
+                    }
+                    else
+                    {
+                        _lastVersion = version;
+                    }
                     
                     yield return new GitChange(version, tag, commit.MessageShort, commit.Author.When, reference);
                 }
diff --git a/version.txt b/version.txt
index b1e80bb..845639e 100644
--- a/version.txt
+++ b/version.txt
@@ -1 +1 @@
-0.1.3
+0.1.4