2023 BWP to CRC Historical Review

YEARLY HIGH

46.4600 CRC

YEARLY LOW

38.3573 CRC

YEARLY AVERAGE

40.5973 CRC

2023 BWP to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 46.4600. Conversely, the yearly low was recorded on October 5, dropping to 38.3573.

This high-to-low spread represents a total annual volatility of 8.1027 CRC. From a start-to-finish perspective, comparing the January average rate of 44.9948 to the December average rate of 38.8855, the exchange rate registered a net change of -13.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 46.4600 was down 19.49% compared to the 2022 peak of 57.7056, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 232,300 CRC

2022 Average 261,697 CRC

Yearly Trough Low 191,787 CRC

Transaction Impact: A difference of 40,513.66 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

45.6219

38.0971

JanuMarcMayJulySeptNove

BWP 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 41.7280, compared to 39.4667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2613 points.

H1 Avg (Jan–Jun) 41.7280

H2 Avg (Jul–Dec) 39.4667

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.5433 CRC (High: 46.4600 / Low: 42.9168). On the other end, November was the most stable month, with a tight range of 0.7832 CRC (High: 39.6757 / Low: 38.8926).

January Spread (Volatile) ±3.5433

November Spread (Stable) ±0.7832

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.9256 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.9256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 44.9948) against the same month in 2022 (average: 55.0337), the exchange rate shifted by -10.0389 (-18.24%).

2023 Avg (January) 44.9948

2022 Avg (January) 55.0337

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.4600	42.9168	44.9948
February	44.8351	42.0111	43.2013
March	42.2685	40.5560	41.2757
April	41.6052	40.2378	40.8103
May	41.1886	39.0870	39.9115
June	40.8620	39.1100	40.1745
July	41.4579	40.0081	40.8066
August	41.2395	39.2220	39.8888
September	39.9236	38.7501	39.2454
October	39.1875	38.3573	38.7242
November	39.6757	38.8926	39.2494
December	39.4389	38.4652	38.8855