YEARLY HIGH
323.3106 CRC
YEARLY LOW
285.4909 CRC
YEARLY AVERAGE
299.6058 CRC

2023 BAM to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 323.3106. Conversely, the yearly low was recorded on October 14, dropping to 285.4909.

This high-to-low spread represents a total annual volatility of 37.8197 CRC. From a start-to-finish perspective, comparing the January average rate of 316.1716 to the December average rate of 293.0982, the exchange rate registered a net change of -7.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 323.3106 was down 14.39% compared to the 2022 peak of 377.6484, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,616,553 CRC
2022 Average 1,738,645 CRC
Yearly Trough Low 1,427,454 CRC
Transaction Impact: A difference of 189,098.66 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

319.0469
284.5429
JanuMarcMayJulySeptNove

BAM 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 303.8302, compared to 295.3814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.4488 points.

H1 Avg (Jan–Jun) 303.8302
H2 Avg (Jul–Dec) 295.3814

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 17.9428 CRC (High: 320.4316 / Low: 302.4888). On the other end, April was the most stable month, with a tight range of 4.4997 CRC (High: 303.2518 / Low: 298.7521).

February Spread (Volatile) ±17.9428
April Spread (Stable) ±4.4997

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 10.9557 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -10.9557

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 316.1716) against the same month in 2022 (average: 369.7263), the exchange rate shifted by -53.5547 (-14.48%).

2023 Avg (January) 316.1716
2022 Avg (January) 369.7263

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 323.3106 306.0078 316.1716
February 320.4316 302.4888 309.5711
March 304.6050 294.8635 298.6154
April 303.2518 298.7521 300.5277
May 306.9327 294.3552 298.9045
June 304.1028 294.1506 299.1907
July 312.0971 301.2575 305.4203
August 305.9078 296.4007 300.3290
September 299.0085 288.8328 292.8623
October 290.1131 285.4909 287.4182
November 297.5351 286.2158 293.1604
December 295.0197 290.1102 293.0982