YEARLY HIGH
295.8709 CRC
YEARLY LOW
259.7961 CRC
YEARLY AVERAGE
270.8332 CRC

2023 BBD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 295.8709. Conversely, the yearly low was recorded on December 29, dropping to 259.7961.

This high-to-low spread represents a total annual volatility of 36.0748 CRC. From a start-to-finish perspective, comparing the January average rate of 287.3765 to the December average rate of 262.5893, the exchange rate registered a net change of -8.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 295.8709 was down 14.45% compared to the 2022 peak of 345.8288, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,479,354 CRC
2022 Average 1,613,013 CRC
Yearly Trough Low 1,298,980 CRC
Transaction Impact: A difference of 180,373.97 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

289.8552
260.1106
JanuMarcMayJulySeptNove

BBD 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 274.8775, compared to 266.7888 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.0887 points.

H1 Avg (Jan–Jun) 274.8775
H2 Avg (Jul–Dec) 266.7888

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 19.7135 CRC (High: 295.8709 / Low: 276.1574). On the other end, June was the most stable month, with a tight range of 3.0641 CRC (High: 271.4624 / Low: 268.3983).

January Spread (Volatile) ±19.7135
June Spread (Stable) ±3.0641

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 9.7676 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -9.7676

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 287.3765) against the same month in 2022 (average: 319.4225), the exchange rate shifted by -32.0460 (-10.03%).

2023 Avg (January) 287.3765
2022 Avg (January) 319.4225

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 295.8709 276.1574 287.3765
February 290.8895 275.7474 282.5737
March 279.6077 267.7058 272.8061
April 271.4103 265.2822 267.7975
May 271.7261 266.4572 268.7300
June 271.4624 268.3983 269.9814
July 274.2192 267.6513 270.0834
August 272.8044 266.1252 269.1026
September 269.5965 264.6270 267.7811
October 268.1397 264.8994 265.9448
November 266.9509 263.2510 265.2315
December 264.7818 259.7961 262.5893