YEARLY HIGH
0.2916 CRC
YEARLY LOW
0.1870 CRC
YEARLY AVERAGE
0.2347 CRC

2023 CDF to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.2916. Conversely, the yearly low was recorded on December 21, dropping to 0.1870.

This high-to-low spread represents a total annual volatility of 0.1046 CRC. From a start-to-finish perspective, comparing the January average rate of 0.2806 to the December average rate of 0.1929, the exchange rate registered a net change of -31.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2916 was down 15.68% compared to the 2022 peak of 0.3458, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,458 CRC
2022 Average 1,598 CRC
Yearly Trough Low 935 CRC
Transaction Impact: A difference of 523.00 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2893
0.1842
JanuMarcMayJulySeptNove

CDF 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 0.2585, compared to 0.2108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0477 points.

H1 Avg (Jan–Jun) 0.2585
H2 Avg (Jul–Dec) 0.2108

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0356 CRC (High: 0.2656 / Low: 0.2300). On the other end, September was the most stable month, with a tight range of 0.0041 CRC (High: 0.2177 / Low: 0.2136).

May Spread (Volatile) ±0.0356
September Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0177 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0177

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2806) against the same month in 2022 (average: 0.3186), the exchange rate shifted by -0.0380 (-11.93%).

2023 Avg (January) 0.2806
2022 Avg (January) 0.3186

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2916 0.2686 0.2806
February 0.2837 0.2684 0.2740
March 0.2735 0.2589 0.2639
April 0.2653 0.2433 0.2575
May 0.2656 0.2300 0.2465
June 0.2321 0.2253 0.2288
July 0.2253 0.2100 0.2188
August 0.2232 0.2147 0.2174
September 0.2177 0.2136 0.2156
October 0.2161 0.2040 0.2113
November 0.2160 0.1946 0.2087
December 0.1983 0.1870 0.1929