2022 GEL to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
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.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |