YEARLY HIGH
0.0043 FJD
YEARLY LOW
0.0037 FJD
YEARLY AVERAGE
0.0041 FJD

2023 CRC to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0043. Conversely, the yearly low was recorded on January 9, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0006 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0038 to the December average rate of 0.0042, the exchange rate registered a net change of 11.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0043 was up 13.00% compared to the 2022 peak of 0.0038, 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 22 FJD
2022 Average 17 FJD
Yearly Trough Low 18 FJD
Transaction Impact: A difference of 3.20 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0043
0.0037
JanuMarcMayJulySeptNove

CRC to FJD 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 0.0040, compared to 0.0042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0040
H2 Avg (Jul–Dec) 0.0042

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0002 FJD (High: 0.0040 / Low: 0.0038). On the other end, December was the most stable month, with a tight range of 0.0001 FJD (High: 0.0042 / Low: 0.0042).

February Spread (Volatile) ±0.0002
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0000 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0043) against the same month in 2022 (average: 0.0037), the exchange rate shifted by +0.0006 (+15.87%).

2023 Avg (November) 0.0043
2022 Avg (November) 0.0037

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0039 0.0037 0.0038
February 0.0040 0.0038 0.0039
March 0.0041 0.0040 0.0041
April 0.0042 0.0040 0.0041
May 0.0042 0.0041 0.0041
June 0.0042 0.0041 0.0041
July 0.0042 0.0040 0.0041
August 0.0043 0.0041 0.0042
September 0.0043 0.0042 0.0042
October 0.0043 0.0042 0.0043
November 0.0043 0.0042 0.0043
December 0.0042 0.0042 0.0042