YEARLY HIGH
0.1715 KGS
YEARLY LOW
0.1422 KGS
YEARLY AVERAGE
0.1623 KGS

2023 CRC to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1715. Conversely, the yearly low was recorded on January 5, dropping to 0.1422.

This high-to-low spread represents a total annual volatility of 0.0293 KGS. From a start-to-finish perspective, comparing the January average rate of 0.1490 to the December average rate of 0.1697, the exchange rate registered a net change of 13.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1715 was up 7.41% compared to the 2022 peak of 0.1596, 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 857 KGS
2022 Average 655 KGS
Yearly Trough Low 711 KGS
Transaction Impact: A difference of 146.46 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1718
0.1469
JanuMarcMayJulySeptNove

CRC to KGS 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 0.1585, compared to 0.1661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.1585
H2 Avg (Jul–Dec) 0.1661

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0138 KGS (High: 0.1560 / Low: 0.1422). On the other end, June was the most stable month, with a tight range of 0.0024 KGS (High: 0.1630 / Low: 0.1606).

January Spread (Volatile) ±0.0138
June Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0008 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1697) against the same month in 2022 (average: 0.1444), the exchange rate shifted by +0.0253 (+17.51%).

2023 Avg (December) 0.1697
2022 Avg (December) 0.1444

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1560 0.1422 0.1490
February 0.1572 0.1491 0.1539
March 0.1633 0.1563 0.1603
April 0.1650 0.1610 0.1633
May 0.1642 0.1607 0.1628
June 0.1630 0.1606 0.1620
July 0.1641 0.1600 0.1624
August 0.1658 0.1608 0.1637
September 0.1676 0.1637 0.1653
October 0.1686 0.1654 0.1675
November 0.1696 0.1672 0.1681
December 0.1715 0.1684 0.1697