2024 CRC to GEL Historical Review

YEARLY HIGH

0.0057 GEL

YEARLY LOW

0.0051 GEL

YEARLY AVERAGE

0.0053 GEL

2024 CRC to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.0057. Conversely, the yearly low was recorded on August 12, dropping to 0.0051.

This high-to-low spread represents a total annual volatility of 0.0006 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0052 to the December average rate of 0.0056, the exchange rate registered a net change of 7.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0057 was up 9.19% compared to the 2023 peak of 0.0052, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CRC based on timing:

Yearly Peak High 28 GEL

2023 Average 24 GEL

Yearly Trough Low 25 GEL

Transaction Impact: A difference of 2.96 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0056

0.0051

JanuMarcMayJulySeptNove

CRC 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 0.0053, compared to 0.0053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0053

H2 Avg (Jul–Dec) 0.0053

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0003 GEL (High: 0.0055 / Low: 0.0052). On the other end, February was the most stable month, with a tight range of 0.0001 GEL (High: 0.0052 / Low: 0.0051).

May Spread (Volatile) ±0.0003

February Spread (Stable) ±0.0001

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 June and July, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0056) against the same month in 2023 (average: 0.0051), the exchange rate shifted by +0.0005 (+8.80%).

2024 Avg (December) 0.0056

2023 Avg (December) 0.0051

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0053	0.0051	0.0052
February	0.0052	0.0051	0.0051
March	0.0054	0.0052	0.0053
April	0.0054	0.0053	0.0053
May	0.0055	0.0052	0.0053
June	0.0055	0.0053	0.0054
July	0.0053	0.0051	0.0052
August	0.0052	0.0051	0.0051
September	0.0053	0.0051	0.0052
October	0.0054	0.0052	0.0053
November	0.0055	0.0053	0.0054
December	0.0057	0.0055	0.0056