YEARLY HIGH
0.0099 BRL
YEARLY LOW
0.0087 BRL
YEARLY AVERAGE
0.0092 BRL

2023 CRC to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0099. Conversely, the yearly low was recorded on July 31, dropping to 0.0087.

This high-to-low spread represents a total annual volatility of 0.0011 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0090 to the December average rate of 0.0093, the exchange rate registered a net change of 3.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0099 was up 8.05% compared to the 2022 peak of 0.0091, 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 49 BRL
2022 Average 40 BRL
Yearly Trough Low 44 BRL
Transaction Impact: A difference of 5.59 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0096
0.0088
JanuMarcMayJulySeptNove

CRC to BRL 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 0.0092, compared to 0.0092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0092
H2 Avg (Jul–Dec) 0.0092

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0006 BRL (High: 0.0099 / Low: 0.0093). On the other end, December was the most stable month, with a tight range of 0.0002 BRL (High: 0.0094 / Low: 0.0092).

March Spread (Volatile) ±0.0006
December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0096) against the same month in 2022 (average: 0.0077), the exchange rate shifted by +0.0019 (+24.34%).

2023 Avg (March) 0.0096
2022 Avg (March) 0.0077

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0093 0.0088 0.0090
February 0.0094 0.0090 0.0092
March 0.0099 0.0093 0.0096
April 0.0095 0.0091 0.0094
May 0.0094 0.0091 0.0093
June 0.0093 0.0088 0.0090
July 0.0091 0.0087 0.0089
August 0.0093 0.0088 0.0091
September 0.0094 0.0090 0.0092
October 0.0097 0.0094 0.0095
November 0.0093 0.0091 0.0092
December 0.0094 0.0092 0.0093