2023 BZD to CRC Historical Review

YEARLY HIGH

293.5403 CRC

YEARLY LOW

257.4144 CRC

YEARLY AVERAGE

268.8650 CRC

2023 BZD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 293.5403. Conversely, the yearly low was recorded on December 28, dropping to 257.4144.

This high-to-low spread represents a total annual volatility of 36.1259 CRC. From a start-to-finish perspective, comparing the January average rate of 285.1352 to the December average rate of 260.2742, the exchange rate registered a net change of -8.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 293.5403 was down 14.42% compared to the 2022 peak of 342.9877, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,467,702 CRC

2022 Average 1,600,559 CRC

Yearly Trough Low 1,287,072 CRC

Transaction Impact: A difference of 180,629.65 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

287.6214

257.7881

JanuMarcMayJulySeptNove

BZD 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 272.9170, compared to 264.8129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.1041 points.

H1 Avg (Jan–Jun) 272.9170

H2 Avg (Jul–Dec) 264.8129

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 19.5272 CRC (High: 293.5403 / Low: 274.0131). On the other end, November was the most stable month, with a tight range of 2.1701 CRC (High: 264.9742 / Low: 262.8041).

January Spread (Volatile) ±19.5272

November Spread (Stable) ±2.1701

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 8.9878 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -8.9878

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 285.1352) against the same month in 2022 (average: 316.9977), the exchange rate shifted by -31.8625 (-10.05%).

2023 Avg (January) 285.1352

2022 Avg (January) 316.9977

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	293.5403	274.0131	285.1352
February	288.8728	273.6198	280.3413
March	277.3521	267.7656	271.3535
April	268.9321	263.5289	265.9820
May	269.6107	264.8983	266.7670
June	269.3932	266.4140	267.9232
July	271.6482	265.5945	268.2994
August	270.3081	264.4777	267.0079
September	267.4842	262.9885	265.7549
October	265.9593	263.0690	264.0628
November	264.9742	262.8041	263.4781
December	262.5422	257.4144	260.2742