2023 AED to CRC Historical Review

YEARLY HIGH

161.1190 CRC

YEARLY LOW

141.4720 CRC

YEARLY AVERAGE

147.4802 CRC

2023 AED to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 161.1190. Conversely, the yearly low was recorded on December 29, dropping to 141.4720.

This high-to-low spread represents a total annual volatility of 19.6470 CRC. From a start-to-finish perspective, comparing the January average rate of 156.4820 to the December average rate of 143.0018, the exchange rate registered a net change of -8.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 161.1190 was down 14.44% compared to the 2022 peak of 188.3086, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 805,595 CRC

2022 Average 878,302 CRC

Yearly Trough Low 707,360 CRC

Transaction Impact: A difference of 98,234.77 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

157.8300

141.6537

JanuMarcMayJulySeptNove

AED 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 149.6865, compared to 145.2739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.4126 points.

H1 Avg (Jan–Jun) 149.6865

H2 Avg (Jul–Dec) 145.2739

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 10.7471 CRC (High: 161.1190 / Low: 150.3719). On the other end, June was the most stable month, with a tight range of 1.6674 CRC (High: 147.8151 / Low: 146.1477).

January Spread (Volatile) ±10.7471

June Spread (Stable) ±1.6674

Growth Streaks & Declines

Trends

Between April and July, 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 5.3075 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.3075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 156.4820) against the same month in 2022 (average: 173.9285), the exchange rate shifted by -17.4465 (-10.03%).

2023 Avg (January) 156.4820

2022 Avg (January) 173.9285

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	161.1190	150.3719	156.4820
February	158.3928	150.1504	153.8658
March	152.2559	145.7735	148.5583
April	147.8042	144.4827	145.8437
May	147.9947	145.1221	146.3591
June	147.8151	146.1477	147.0097
July	149.3166	145.7389	147.0641
August	148.5444	144.9088	146.5286
September	146.7955	144.0938	145.8101
October	146.0058	144.2414	144.8098
November	145.3613	143.3433	144.4287
December	144.2010	141.4720	143.0018