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2021 BRL to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BRL to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on June 24, valuing the pair at 126.0694. Conversely, the yearly low was recorded on March 8, dropping to 104.2438.
This high-to-low spread represents a total annual volatility of 21.8256 CRC. From a start-to-finish perspective, comparing the January average rate of 114.2842 to the December average rate of 112.7148, the exchange rate registered a net change of -1.37% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 126.0694 was down 11.70% compared to the 2020 peak of 142.7818, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
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BRL 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: JanâJun) was 114.2053, compared to 116.3266 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 2.1213 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 8.8075 CRC (High: 115.6957 / Low: 106.8882). On the other end, July was the most stable month, with a tight range of 4.9445 CRC (High: 122.8040 / Low: 117.8595).
Growth Streaks & Declines
TrendsBetween March and June, 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 September and October, when the average rate fell by 4.9848 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 123.0566) against the same month in 2020 (average: 111.1067), the exchange rate shifted by +11.9499 (+10.76%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 117.9288 | 111.8534 | 114.2842 |
| February | 114.5323 | 109.2050 | 113.0118 |
| March | 111.3862 | 104.2438 | 108.4940 |
| April | 115.6957 | 106.8882 | 110.0175 |
| May | 118.2301 | 113.1644 | 116.3674 |
| June | 126.0694 | 120.0316 | 123.0566 |
| July | 122.8040 | 117.8595 | 120.0420 |
| August | 120.6310 | 114.4836 | 118.1836 |
| September | 120.7330 | 114.9649 | 118.4373 |
| October | 116.6342 | 111.0279 | 113.4525 |
| November | 118.9563 | 111.6595 | 115.1290 |
| December | 115.2493 | 110.2228 | 112.7148 |