2023 CRC to NZD Historical Review

YEARLY HIGH

0.0032 NZD

YEARLY LOW

0.0027 NZD

YEARLY AVERAGE

0.0030 NZD

2023 CRC to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.0032. Conversely, the yearly low was recorded on January 1, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 0.0006 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0027 to the December average rate of 0.0031, the exchange rate registered a net change of 12.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0032 was up 12.45% compared to the 2022 peak of 0.0029, 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 16 NZD

2022 Average 12 NZD

Yearly Trough Low 13 NZD

Transaction Impact: A difference of 2.95 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0032

0.0027

JanuMarcMayJulySeptNove

CRC to NZD 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 0.0029, compared to 0.0031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0029

H2 Avg (Jul–Dec) 0.0031

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0002 NZD (High: 0.0029 / Low: 0.0027). On the other end, December was the most stable month, with a tight range of 0.0001 NZD (High: 0.0031 / Low: 0.0030).

February Spread (Volatile) ±0.0002

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0032) against the same month in 2022 (average: 0.0028), the exchange rate shifted by +0.0004 (+13.15%).

2023 Avg (October) 0.0032

2022 Avg (October) 0.0028

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0028	0.0027	0.0027
February	0.0029	0.0027	0.0028
March	0.0030	0.0029	0.0030
April	0.0031	0.0029	0.0030
May	0.0031	0.0029	0.0030
June	0.0031	0.0030	0.0030
July	0.0030	0.0029	0.0030
August	0.0032	0.0030	0.0031
September	0.0032	0.0031	0.0031
October	0.0032	0.0031	0.0032
November	0.0032	0.0031	0.0031
December	0.0031	0.0030	0.0031