YEARLY HIGH
0.0073 PEN
YEARLY LOW
0.0064 PEN
YEARLY AVERAGE
0.0069 PEN

2023 CRC to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 0.0073. Conversely, the yearly low was recorded on January 7, dropping to 0.0064.

This high-to-low spread represents a total annual volatility of 0.0009 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0067 to the December average rate of 0.0071, the exchange rate registered a net change of 6.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0073 was up 10.87% compared to the 2022 peak of 0.0066, 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 37 PEN
2022 Average 30 PEN
Yearly Trough Low 32 PEN
Transaction Impact: A difference of 4.48 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0073
0.0066
JanuMarcMayJulySeptNove

CRC to PEN 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 0.0068, compared to 0.0070 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) 0.0068
H2 Avg (Jul–Dec) 0.0070

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0006 PEN (High: 0.0070 / Low: 0.0064). On the other end, May was the most stable month, with a tight range of 0.0001 PEN (High: 0.0069 / Low: 0.0068).

January Spread (Volatile) ±0.0006
May 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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0072) against the same month in 2022 (average: 0.0064), the exchange rate shifted by +0.0008 (+13.23%).

2023 Avg (October) 0.0072
2022 Avg (October) 0.0064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0070 0.0064 0.0067
February 0.0070 0.0066 0.0068
March 0.0070 0.0068 0.0069
April 0.0071 0.0069 0.0070
May 0.0069 0.0068 0.0069
June 0.0069 0.0067 0.0068
July 0.0067 0.0066 0.0067
August 0.0070 0.0066 0.0069
September 0.0071 0.0068 0.0070
October 0.0073 0.0071 0.0072
November 0.0073 0.0070 0.0071
December 0.0072 0.0071 0.0071