YEARLY HIGH
247.7815 CRC
YEARLY LOW
186.6443 CRC
YEARLY AVERAGE
221.7461 CRC

2022 GEL to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 247.7815. Conversely, the yearly low was recorded on March 8, dropping to 186.6443.

This high-to-low spread represents a total annual volatility of 61.1373 CRC. From a start-to-finish perspective, comparing the January average rate of 207.5518 to the December average rate of 220.4066, the exchange rate registered a net change of 6.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 247.7815 was up 18.36% compared to the 2021 peak of 209.3402, 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 1,238,908 CRC
2021 Average 967,414 CRC
Yearly Trough Low 933,221 CRC
Transaction Impact: A difference of 305,686.38 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

241.3335
197.0103
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 215.9863, compared to 227.5059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.5196 points.

H1 Avg (Jan–Jun) 215.9863
H2 Avg (Jul–Dec) 227.5059

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 28.8582 CRC (High: 247.7815 / Low: 218.9233). On the other end, January was the most stable month, with a tight range of 4.9837 CRC (High: 210.6938 / Low: 205.7101).

August Spread (Volatile) ±28.8582
January Spread (Stable) ±4.9837

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 13.1778 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -13.1778

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 237.6399) against the same month in 2021 (average: 200.2443), the exchange rate shifted by +37.3956 (+18.67%).

2022 Avg (August) 237.6399
2021 Avg (August) 200.2443

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 210.6938 205.7101 207.5518
February 220.2687 200.7752 213.8817
March 211.0701 186.6443 200.7039
April 218.2541 211.8877 214.9137
May 237.1265 217.3072 225.5707
June 238.1085 224.1136 233.2958
July 241.9396 227.6321 232.7731
August 247.7815 218.9233 237.6399
September 230.5126 210.3410 225.2732
October 228.3679 221.7351 224.5135
November 227.5133 220.1570 224.4291
December 225.1443 215.2558 220.4066