2021 GEL to CRC Historical Review

YEARLY HIGH

209.3402 CRC

YEARLY LOW

177.5266 CRC

YEARLY AVERAGE

193.4279 CRC

2021 GEL to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 209.3402. Conversely, the yearly low was recorded on April 25, dropping to 177.5266.

This high-to-low spread represents a total annual volatility of 31.8136 CRC. From a start-to-finish perspective, comparing the January average rate of 185.3405 to the December average rate of 205.8097, the exchange rate registered a net change of 11.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 209.3402 was up 1.62% compared to the 2020 peak of 206.0111, 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 1,046,701 CRC

2020 Average 940,285 CRC

Yearly Trough Low 887,633 CRC

Transaction Impact: A difference of 159,067.95 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

208.5249

175.9420

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 185.1988, compared to 201.6570 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.4582 points.

H1 Avg (Jan–Jun) 185.1988

H2 Avg (Jul–Dec) 201.6570

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 11.3311 CRC (High: 189.6886 / Low: 178.3575). On the other end, September was the most stable month, with a tight range of 1.2829 CRC (High: 201.4861 / Low: 200.2032).

May Spread (Volatile) ±11.3311

September Spread (Stable) ±1.2829

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 4.6864 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -4.6864

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 205.8097) against the same month in 2020 (average: 183.7667), the exchange rate shifted by +22.0430 (+12.00%).

2021 Avg (December) 205.8097

2020 Avg (December) 183.7667

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	187.0032	184.0666	185.3405
February	185.5710	183.4658	184.6866
March	184.6273	179.6234	183.3436
April	179.9084	177.5266	178.6572
May	189.6886	178.3575	182.8680
June	199.5008	189.6516	196.2968
July	201.4544	195.8842	198.5803
August	201.7368	199.2335	200.2443
September	201.4861	200.2032	200.9790
October	202.4994	198.7185	200.3759
November	206.6985	201.2878	203.9527
December	209.3402	200.8923	205.8097

2021 GEL నుండి CRC చారిత్రక సమీక్ష