YEARLY HIGH
232.0739 CRC
YEARLY LOW
188.2632 CRC
YEARLY AVERAGE
209.1082 CRC

2019 GEL to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 232.0739. Conversely, the yearly low was recorded on December 2, dropping to 188.2632.

This high-to-low spread represents a total annual volatility of 43.8107 CRC. From a start-to-finish perspective, comparing the January average rate of 226.6126 to the December average rate of 196.1085, the exchange rate registered a net change of -13.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 232.0739 was down 9.09% compared to the 2018 peak of 255.2844, 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 1,160,369 CRC
2018 Average 1,160,599 CRC
Yearly Trough Low 941,316 CRC
Transaction Impact: A difference of 219,053.52 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

233.4279
190.8735
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 221.7962, compared to 196.4202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 25.3760 points.

H1 Avg (Jan–Jun) 221.7962
H2 Avg (Jul–Dec) 196.4202

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 15.6341 CRC (High: 208.2649 / Low: 192.6308). On the other end, October was the most stable month, with a tight range of 4.2014 CRC (High: 198.3087 / Low: 194.1073).

July Spread (Volatile) ±15.6341
October Spread (Stable) ±4.2014

Growth Streaks & Declines

Trends

Between August and October, 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 June and July, when the average rate fell by 10.0305 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -10.0305

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 229.8817) against the same month in 2018 (average: 232.2410), the exchange rate shifted by -2.3593 (-1.02%).

2019 Avg (February) 229.8817
2018 Avg (February) 232.2410

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 230.2140 225.0030 226.6126
February 232.0739 226.1275 229.8817
March 228.0550 222.0943 224.9601
April 225.7126 219.8193 222.5673
May 220.2241 209.5966 215.1932
June 217.1039 204.1673 211.5624
July 208.2649 192.6308 201.5319
August 196.7005 190.2691 194.4197
September 196.9833 192.3800 195.1611
October 198.3087 194.1073 196.3309
November 197.9379 188.7060 194.9693
December 199.9088 188.2632 196.1085