YEARLY HIGH
640.1463 CRC
YEARLY LOW
577.5484 CRC
YEARLY AVERAGE
602.8316 CRC

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.

Transfer Payout Power Comparison

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

Yearly Peak High 3,200,732 CRC
2022 Average 3,380,482 CRC
Yearly Trough Low 2,887,742 CRC
Transaction Impact: A difference of 312,989.81 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

625.3007
585.3511
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 602.6211
H2 Avg (Jul–Dec) 603.0421

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±41.1812
April Spread (Stable) ±14.8284

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -20.2601

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (January) 621.9715
2022 Avg (January) 695.3871

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