YEARLY HIGH
0.9052 KZT
YEARLY LOW
0.7758 KZT
YEARLY AVERAGE
0.8433 KZT

2023 CRC to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 0.9052. Conversely, the yearly low was recorded on March 5, dropping to 0.7758.

This high-to-low spread represents a total annual volatility of 0.1293 KZT. From a start-to-finish perspective, comparing the January average rate of 0.8052 to the December average rate of 0.8743, the exchange rate registered a net change of 8.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9052 was up 11.93% compared to the 2022 peak of 0.8087, 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 4,526 KZT
2022 Average 3,586 KZT
Yearly Trough Low 3,879 KZT
Transaction Impact: A difference of 646.67 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9054
0.7894
JanuMarcMayJulySeptNove

CRC to KZT 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 0.8226, compared to 0.8640 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0414 points.

H1 Avg (Jan–Jun) 0.8226
H2 Avg (Jul–Dec) 0.8640

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0850 KZT (High: 0.8608 / Low: 0.7758). On the other end, June was the most stable month, with a tight range of 0.0100 KZT (High: 0.8370 / Low: 0.8270).

March Spread (Volatile) ±0.0850
June Spread (Stable) ±0.0100

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 0.0226 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.8957) against the same month in 2022 (average: 0.7575), the exchange rate shifted by +0.1382 (+18.25%).

2023 Avg (October) 0.8957
2022 Avg (October) 0.7575

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8339 0.7822 0.8052
February 0.8350 0.7765 0.7991
March 0.8608 0.7758 0.8274
April 0.8582 0.8234 0.8432
May 0.8434 0.8156 0.8301
June 0.8370 0.8270 0.8308
July 0.8328 0.8066 0.8240
August 0.8649 0.8159 0.8421
September 0.8943 0.8487 0.8750
October 0.9052 0.8833 0.8957
November 0.8853 0.8622 0.8731
December 0.8812 0.8664 0.8743