2023 BOB to CRC Historical Review

YEARLY HIGH

85.6301 CRC

YEARLY LOW

75.0910 CRC

YEARLY AVERAGE

78.4150 CRC

2023 BOB to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 85.6301. Conversely, the yearly low was recorded on December 28, dropping to 75.0910.

This high-to-low spread represents a total annual volatility of 10.5391 CRC. From a start-to-finish perspective, comparing the January average rate of 83.1761 to the December average rate of 75.9173, the exchange rate registered a net change of -8.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 85.6301 was down 14.77% compared to the 2022 peak of 100.4745, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 428,151 CRC

2022 Average 468,064 CRC

Yearly Trough Low 375,455 CRC

Transaction Impact: A difference of 52,695.42 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

83.9020

75.1914

JanuMarcMayJulySeptNove

BOB 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 79.5857, compared to 77.2443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3414 points.

H1 Avg (Jan–Jun) 79.5857

H2 Avg (Jul–Dec) 77.2443

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 5.6981 CRC (High: 85.6301 / Low: 79.9321). On the other end, November was the most stable month, with a tight range of 0.6311 CRC (High: 77.2912 / Low: 76.6601).

January Spread (Volatile) ±5.6981

November Spread (Stable) ±0.6311

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 2.7085 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.7085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 83.1761) against the same month in 2022 (average: 92.7294), the exchange rate shifted by -9.5533 (-10.30%).

2023 Avg (January) 83.1761

2022 Avg (January) 92.7294

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	85.6301	79.9321	83.1761
February	84.2657	79.8179	81.7773
March	80.9069	77.8831	79.0689
April	78.4576	76.8736	77.5248
May	78.6747	77.2715	77.8120
June	78.5857	77.7163	78.1550
July	79.2387	77.4406	78.2467
August	78.8520	77.1468	77.8898
September	78.0254	76.7214	77.5238
October	77.5797	76.7378	77.0300
November	77.2912	76.6601	76.8580
December	76.5912	75.0910	75.9173