2023 CAD to CRC Historical Review

YEARLY HIGH

440.2163 CRC

YEARLY LOW

381.6582 CRC

YEARLY AVERAGE

401.3000 CRC

2023 CAD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 440.2163. Conversely, the yearly low was recorded on October 28, dropping to 381.6582.

This high-to-low spread represents a total annual volatility of 58.5581 CRC. From a start-to-finish perspective, comparing the January average rate of 428.2494 to the December average rate of 391.6224, the exchange rate registered a net change of -8.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 440.2163 was down 19.36% compared to the 2022 peak of 545.9312, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,201,082 CRC

2022 Average 2,482,122 CRC

Yearly Trough Low 1,908,291 CRC

Transaction Impact: A difference of 292,790.61 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

432.3744

382.8742

JanuMarcMayJulySeptNove

CAD 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 407.7369, compared to 394.8632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.8737 points.

H1 Avg (Jan–Jun) 407.7369

H2 Avg (Jul–Dec) 394.8632

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 26.1429 CRC (High: 440.2163 / Low: 414.0734). On the other end, December was the most stable month, with a tight range of 7.1868 CRC (High: 395.4528 / Low: 388.2660).

January Spread (Volatile) ±26.1429

December Spread (Stable) ±7.1868

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 21.7124 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -21.7124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 428.2494) against the same month in 2022 (average: 505.8925), the exchange rate shifted by -77.6431 (-15.35%).

2023 Avg (January) 428.2494

2022 Avg (January) 505.8925

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	440.2163	414.0734	428.2494
February	434.1286	409.0550	419.9781
March	410.8255	388.7823	398.2657
April	403.8964	389.4426	396.2639
May	406.3265	390.5844	397.2873
June	411.6960	399.3275	406.3767
July	415.6427	404.8464	408.2897
August	410.6594	393.0396	399.1445
September	399.2398	391.3299	395.2419
October	394.7126	381.6582	387.8814
November	390.7905	383.3256	386.9992
December	395.4528	388.2660	391.6224