YEARLY HIGH
245.5965 CRC
YEARLY LOW
199.4442 CRC
YEARLY AVERAGE
226.8148 CRC

2017 GEL to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on May 26, valuing the pair at 245.5965. Conversely, the yearly low was recorded on January 9, dropping to 199.4442.

This high-to-low spread represents a total annual volatility of 46.1523 CRC. From a start-to-finish perspective, comparing the January average rate of 204.3669 to the December average rate of 215.7985, the exchange rate registered a net change of 5.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 245.5965 was down 3.70% compared to the 2016 peak of 255.0198, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,227,983 CRC
2016 Average 1,152,830 CRC
Yearly Trough Low 997,221 CRC
Transaction Impact: A difference of 230,761.32 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

243.8718
200.7756
JanuMarcMayJulySeptNove

GEL to CRC 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 223.8857, compared to 229.7438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.8581 points.

H1 Avg (Jan–Jun) 223.8857
H2 Avg (Jul–Dec) 229.7438

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 21.0301 CRC (High: 229.3560 / Low: 208.3259). On the other end, June was the most stable month, with a tight range of 3.9742 CRC (High: 237.1860 / Low: 233.2118).

November Spread (Volatile) ±21.0301
June Spread (Stable) ±3.9742

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 9.3797 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -9.3797

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 234.6367) against the same month in 2016 (average: 245.9932), the exchange rate shifted by -11.3565 (-4.62%).

2017 Avg (May) 234.6367
2016 Avg (May) 245.9932

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 209.3469 199.4442 204.3669
February 218.1501 204.9943 211.2908
March 229.2858 222.8062 226.1895
April 235.0037 225.0427 231.2016
May 245.5965 228.0813 234.6367
June 237.1860 233.2118 235.6289
July 240.3380 235.7192 238.3005
August 242.7849 236.0175 240.2804
September 237.9559 231.2822 233.9768
October 233.3432 223.8249 229.7432
November 229.3560 208.3259 220.3635
December 223.4661 208.9590 215.7985