2023 BIF to CRC Historical Review

YEARLY HIGH

0.2867 CRC

YEARLY LOW

0.1823 CRC

YEARLY AVERAGE

0.2183 CRC

2023 BIF to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.2867. Conversely, the yearly low was recorded on December 28, dropping to 0.1823.

This high-to-low spread represents a total annual volatility of 0.1043 CRC. From a start-to-finish perspective, comparing the January average rate of 0.2778 to the December average rate of 0.1842, the exchange rate registered a net change of -33.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2867 was down 15.57% compared to the 2022 peak of 0.3395, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,433 CRC

2022 Average 1,580 CRC

Yearly Trough Low 912 CRC

Transaction Impact: A difference of 521.62 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2872

0.1749

JanuMarcMayJulySeptNove

BIF 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 0.2486, compared to 0.1880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0605 points.

H1 Avg (Jan–Jun) 0.2486

H2 Avg (Jul–Dec) 0.1880

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0714 CRC (High: 0.2608 / Low: 0.1894). On the other end, June was the most stable month, with a tight range of 0.0023 CRC (High: 0.1917 / Low: 0.1894).

May Spread (Volatile) ±0.0714

June Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0389 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2778) against the same month in 2022 (average: 0.3191), the exchange rate shifted by -0.0413 (-12.93%).

2023 Avg (January) 0.2778

2022 Avg (January) 0.3191

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2867	0.2663	0.2778
February	0.2804	0.2659	0.2726
March	0.2696	0.2588	0.2628
April	0.2607	0.2551	0.2576
May	0.2608	0.1894	0.2297
June	0.1917	0.1894	0.1908
July	0.1936	0.1889	0.1909
August	0.1924	0.1879	0.1899
September	0.1905	0.1867	0.1889
October	0.1888	0.1860	0.1874
November	0.1887	0.1861	0.1868
December	0.1861	0.1823	0.1842