YEARLY HIGH
0.0133 BOB
YEARLY LOW
0.0117 BOB
YEARLY AVERAGE
0.0128 BOB

2023 CRC to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0133. Conversely, the yearly low was recorded on January 1, dropping to 0.0117.

This high-to-low spread represents a total annual volatility of 0.0016 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0120 to the December average rate of 0.0132, the exchange rate registered a net change of 9.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0133 was up 11.93% compared to the 2022 peak of 0.0119, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67 BOB
2022 Average 54 BOB
Yearly Trough Low 58 BOB
Transaction Impact: A difference of 8.20 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0133
0.0119
JanuMarcMayJulySeptNove

CRC to BOB 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 0.0126, compared to 0.0129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0126
H2 Avg (Jul–Dec) 0.0129

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0008 BOB (High: 0.0125 / Low: 0.0117). On the other end, November was the most stable month, with a tight range of 0.0001 BOB (High: 0.0130 / Low: 0.0129).

January Spread (Volatile) ±0.0008
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0132) against the same month in 2022 (average: 0.0117), the exchange rate shifted by +0.0014 (+12.35%).

2023 Avg (December) 0.0132
2022 Avg (December) 0.0117

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0125 0.0117 0.0120
February 0.0125 0.0119 0.0122
March 0.0128 0.0124 0.0126
April 0.0130 0.0127 0.0129
May 0.0129 0.0127 0.0129
June 0.0129 0.0127 0.0128
July 0.0129 0.0126 0.0128
August 0.0130 0.0127 0.0128
September 0.0130 0.0128 0.0129
October 0.0130 0.0129 0.0130
November 0.0130 0.0129 0.0130
December 0.0133 0.0131 0.0132