2023 COP to CRC Historical Review

YEARLY HIGH

0.1392 CRC

YEARLY LOW

0.1113 CRC

YEARLY AVERAGE

0.1257 CRC

2023 COP to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 0.1392. Conversely, the yearly low was recorded on March 19, dropping to 0.1113.

This high-to-low spread represents a total annual volatility of 0.0279 CRC. From a start-to-finish perspective, comparing the January average rate of 0.1220 to the December average rate of 0.1327, the exchange rate registered a net change of 8.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1392 was down 23.10% compared to the 2022 peak of 0.1810, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 695,975 CRC

2022 Average 765,583 CRC

Yearly Trough Low 556,655 CRC

Transaction Impact: A difference of 139,320.22 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1355

0.1128

JanuMarcMayJulySeptNove

COP 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 0.1199, compared to 0.1315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.1199

H2 Avg (Jul–Dec) 0.1315

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0110 CRC (High: 0.1328 / Low: 0.1218). On the other end, December was the most stable month, with a tight range of 0.0047 CRC (High: 0.1356 / Low: 0.1309).

June Spread (Volatile) ±0.0110

December Spread (Stable) ±0.0047

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 September and October, when the average rate fell by 0.0076 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.1322) against the same month in 2022 (average: 0.1520), the exchange rate shifted by -0.0198 (-13.03%).

2023 Avg (August) 0.1322

2022 Avg (August) 0.1520

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1256	0.1189	0.1220
February	0.1223	0.1122	0.1179
March	0.1173	0.1113	0.1147
April	0.1222	0.1147	0.1182
May	0.1230	0.1152	0.1184
June	0.1328	0.1218	0.1286
July	0.1376	0.1283	0.1329
August	0.1392	0.1291	0.1322
September	0.1372	0.1307	0.1336
October	0.1313	0.1223	0.1261
November	0.1344	0.1293	0.1316
December	0.1356	0.1309	0.1327