YEARLY HIGH
28.9292 LBP
YEARLY LOW
2.5554 LBP
YEARLY AVERAGE
25.5073 LBP

2023 CRC to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 28.9292. Conversely, the yearly low was recorded on January 2, dropping to 2.5554.

This high-to-low spread represents a total annual volatility of 26.3738 LBP. From a start-to-finish perspective, comparing the January average rate of 2.6388 to the December average rate of 28.6587, the exchange rate registered a net change of 986.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 28.9292 was up 999.09% compared to the 2022 peak of 2.6321, 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 144,646 LBP
2022 Average 11,768 LBP
Yearly Trough Low 12,777 LBP
Transaction Impact: A difference of 131,868.93 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

31.2607
0.0368
JanuMarcMayJulySeptNove

CRC to LBP 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 22.8201, compared to 28.1945 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.3744 points.

H1 Avg (Jan–Jun) 22.8201
H2 Avg (Jul–Dec) 28.1945

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 24.5717 LBP (High: 27.2640 / Low: 2.6922). On the other end, January was the most stable month, with a tight range of 0.1821 LBP (High: 2.7375 / Low: 2.5554).

February Spread (Volatile) ±24.5717
January Spread (Stable) ±0.1821

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 April and May, when the average rate fell by 0.1173 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 28.6587) against the same month in 2022 (average: 2.5756), the exchange rate shifted by +26.0831 (+1012.69%).

2023 Avg (December) 28.6587
2022 Avg (December) 2.5756

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7375 2.5554 2.6388
February 27.2640 2.6922 22.3884
March 28.0878 27.0708 27.6328
April 28.5112 27.8601 28.1856
May 28.2843 27.8378 28.0683
June 28.4285 27.6552 28.0068
July 28.5166 27.5186 27.8920
August 28.4746 27.5526 27.9817
September 28.4849 27.8767 28.1084
October 28.4041 28.0361 28.2396
November 28.3999 28.0504 28.2868
December 28.9292 28.4008 28.6587