YEARLY HIGH
0.3627 LRD
YEARLY LOW
0.2611 LRD
YEARLY AVERAGE
0.3230 LRD

2023 CRC to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.3627. Conversely, the yearly low was recorded on January 2, dropping to 0.2611.

This high-to-low spread represents a total annual volatility of 0.1016 LRD. From a start-to-finish perspective, comparing the January average rate of 0.2705 to the December average rate of 0.3584, the exchange rate registered a net change of 32.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3627 was up 36.48% compared to the 2022 peak of 0.2658, 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 1,814 LRD
2022 Average 1,187 LRD
Yearly Trough Low 1,305 LRD
Transaction Impact: A difference of 508.21 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3672
0.2617
JanuMarcMayJulySeptNove

CRC to LRD 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 0.2964, compared to 0.3497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0533 points.

H1 Avg (Jan–Jun) 0.2964
H2 Avg (Jul–Dec) 0.3497

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0227 LRD (High: 0.2838 / Low: 0.2611). On the other end, November was the most stable month, with a tight range of 0.0048 LRD (High: 0.3562 / Low: 0.3514).

January Spread (Volatile) ±0.0227
November Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3584) against the same month in 2022 (average: 0.2616), the exchange rate shifted by +0.0969 (+37.04%).

2023 Avg (December) 0.3584
2022 Avg (December) 0.2616

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2838 0.2611 0.2705
February 0.2845 0.2702 0.2769
March 0.3008 0.2847 0.2923
April 0.3104 0.2993 0.3046
May 0.3142 0.3048 0.3107
June 0.3317 0.3134 0.3234
July 0.3461 0.3317 0.3401
August 0.3499 0.3418 0.3462
September 0.3523 0.3450 0.3480
October 0.3534 0.3481 0.3514
November 0.3562 0.3514 0.3540
December 0.3627 0.3550 0.3584