2023 AZN to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AZN to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AZN to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 348.0834. Conversely, the yearly low was recorded on December 29, dropping to 305.6424.
This high-to-low spread represents a total annual volatility of 42.4409 CRC. From a start-to-finish perspective, comparing the January average rate of 338.0862 to the December average rate of 308.9286, the exchange rate registered a net change of -8.62% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 348.0834 was down 14.45% compared to the 2022 peak of 406.8574, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
AZN 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 323.3683, compared to 313.8529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.5153 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 23.1923 CRC (High: 348.0834 / Low: 324.8910). On the other end, June was the most stable month, with a tight range of 3.6048 CRC (High: 319.3675 / Low: 315.7628).
Growth Streaks & Declines
TrendsBetween 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 11.5562 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 338.0862) against the same month in 2022 (average: 375.8198), the exchange rate shifted by -37.7336 (-10.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 348.0834 | 324.8910 | 338.0862 |
| February | 342.2229 | 324.4087 | 332.4396 |
| March | 328.9502 | 314.9480 | 320.8834 |
| April | 319.3062 | 312.0967 | 315.0559 |
| May | 319.6777 | 313.4791 | 316.1529 |
| June | 319.3675 | 315.7628 | 317.5915 |
| July | 322.6108 | 314.8839 | 317.7125 |
| August | 320.9463 | 313.0884 | 316.5913 |
| September | 317.1724 | 311.3259 | 315.0366 |
| October | 315.4584 | 311.6464 | 312.8763 |
| November | 314.0599 | 309.7070 | 311.9723 |
| December | 311.5081 | 305.6424 | 308.9286 |