2023 CHF to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CHF to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CHF to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 640.1463. Conversely, the yearly low was recorded on March 19, dropping to 577.5484.
This high-to-low spread represents a total annual volatility of 62.5980 CRC. From a start-to-finish perspective, comparing the January average rate of 621.9715 to the December average rate of 608.0247, the exchange rate registered a net change of -2.24% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 640.1463 was down 11.40% compared to the 2022 peak of 722.5027, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CHF to CRC Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 602.6211, compared to 603.0421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4210 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 41.1812 CRC (High: 640.1463 / Low: 598.9651). On the other end, April was the most stable month, with a tight range of 14.8284 CRC (High: 602.7209 / Low: 587.8925).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 20.2601 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 621.9715) against the same month in 2022 (average: 695.3871), the exchange rate shifted by -73.4156 (-10.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 640.1463 | 598.9651 | 621.9715 |
| February | 630.9008 | 592.9710 | 609.9222 |
| March | 601.0053 | 577.5484 | 589.6621 |
| April | 602.7209 | 587.8925 | 595.8656 |
| May | 614.6458 | 590.4479 | 598.4138 |
| June | 607.5741 | 590.1491 | 599.8917 |
| July | 634.3690 | 602.4988 | 617.9067 |
| August | 624.5592 | 603.1781 | 612.5537 |
| September | 608.7527 | 584.6515 | 595.7711 |
| October | 595.5943 | 580.7628 | 588.6802 |
| November | 606.3085 | 584.8218 | 595.3164 |
| December | 619.0496 | 599.9124 | 608.0247 |