2023 CRC to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CRC to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CRC to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 14.1437. Conversely, the yearly low was recorded on January 4, dropping to 12.3441.
This high-to-low spread represents a total annual volatility of 1.7996 PYG. From a start-to-finish perspective, comparing the January average rate of 12.8417 to the December average rate of 14.0116, the exchange rate registered a net change of 9.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 14.1437 was up 11.99% compared to the 2022 peak of 12.6291, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CRC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CRC to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 13.1890, compared to 13.7388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5498 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 1.0277 PYG (High: 13.3717 / Low: 12.3441). On the other end, June was the most stable month, with a tight range of 0.1323 PYG (High: 13.4909 / Low: 13.3586).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0078 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 14.0116) against the same month in 2022 (average: 12.2635), the exchange rate shifted by +1.7481 (+14.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.3717 | 12.3441 | 12.8417 |
| February | 13.3186 | 12.4861 | 12.9233 |
| March | 13.3293 | 12.9223 | 13.1759 |
| April | 13.6124 | 13.2235 | 13.3663 |
| May | 13.5453 | 13.1605 | 13.3996 |
| June | 13.4909 | 13.3586 | 13.4272 |
| July | 13.6004 | 13.2837 | 13.4457 |
| August | 13.6465 | 13.3453 | 13.5124 |
| September | 13.7245 | 13.4987 | 13.5845 |
| October | 14.0761 | 13.5934 | 13.8589 |
| November | 14.0837 | 13.9481 | 14.0195 |
| December | 14.1437 | 13.9157 | 14.0116 |