YEARLY HIGH
0.0381 NAD
YEARLY LOW
0.0286 NAD
YEARLY AVERAGE
0.0342 NAD

2023 CRC to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.0381. Conversely, the yearly low was recorded on January 5, dropping to 0.0286.

This high-to-low spread represents a total annual volatility of 0.0096 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0297 to the December average rate of 0.0356, the exchange rate registered a net change of 19.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0381 was up 25.92% compared to the 2022 peak of 0.0303, 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 191 NAD
2022 Average 127 NAD
Yearly Trough Low 143 NAD
Transaction Impact: A difference of 47.84 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0369
0.0291
JanuMarcMayJulySeptNove

CRC to NAD 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 0.0332, compared to 0.0352 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0332
H2 Avg (Jul–Dec) 0.0352

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0035 NAD (High: 0.0370 / Low: 0.0335). On the other end, September was the most stable month, with a tight range of 0.0010 NAD (High: 0.0359 / Low: 0.0349).

August Spread (Volatile) ±0.0035
September Spread (Stable) ±0.0010

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 June and July, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0362) against the same month in 2022 (average: 0.0290), the exchange rate shifted by +0.0072 (+24.72%).

2023 Avg (October) 0.0362
2022 Avg (October) 0.0290

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0312 0.0286 0.0297
February 0.0330 0.0301 0.0316
March 0.0344 0.0325 0.0335
April 0.0346 0.0329 0.0339
May 0.0367 0.0336 0.0355
June 0.0366 0.0336 0.0347
July 0.0350 0.0326 0.0338
August 0.0370 0.0335 0.0350
September 0.0359 0.0349 0.0354
October 0.0381 0.0353 0.0362
November 0.0377 0.0343 0.0353
December 0.0363 0.0346 0.0356