2022 BGN to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BGN to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BGN to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 376.3690. Conversely, the yearly low was recorded on October 19, dropping to 306.6809.
This high-to-low spread represents a total annual volatility of 69.6881 CRC. From a start-to-finish perspective, comparing the January average rate of 369.7481 to the December average rate of 319.0266, the exchange rate registered a net change of -13.72% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 376.3690 was down 2.74% compared to the 2021 peak of 386.9815, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
BGN 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 367.0241, compared to 328.5665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 38.4576 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 31.0129 CRC (High: 353.0981 / Low: 322.0852). On the other end, February was the most stable month, with a tight range of 9.8425 CRC (High: 376.3690 / Low: 366.5265).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 16.0783 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2022: 372.1371) against the same month in 2021 (average: 378.5618), the exchange rate shifted by -6.4247 (-1.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 374.7429 | 364.3913 | 369.7481 |
| February | 376.3690 | 366.5265 | 372.1371 |
| March | 373.9623 | 357.4488 | 364.2822 |
| April | 372.2698 | 354.9413 | 363.6537 |
| May | 372.3075 | 354.8845 | 361.7621 |
| June | 375.6008 | 363.8921 | 370.5612 |
| July | 365.8229 | 347.5884 | 354.4830 |
| August | 353.0981 | 322.0852 | 340.4680 |
| September | 335.6338 | 310.4066 | 324.6079 |
| October | 319.2133 | 306.6809 | 313.6428 |
| November | 325.3990 | 307.0951 | 319.1710 |
| December | 324.5931 | 314.2010 | 319.0266 |