YEARLY HIGH
0.0023 SGD
YEARLY LOW
0.0020 SGD
YEARLY AVERAGE
0.0021 SGD

2022 CRC to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CRC to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0023. Conversely, the yearly low was recorded on June 26, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0003 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0021 to the December average rate of 0.0023, the exchange rate registered a net change of 8.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0023 was up 5.26% compared to the 2021 peak of 0.0022, 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 12 SGD
2021 Average 11 SGD
Yearly Trough Low 10 SGD
Transaction Impact: A difference of 1.60 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0023
0.0020
JanuMarcMayJulySeptNove

CRC to SGD 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 0.0021, compared to 0.0022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0021
H2 Avg (Jul–Dec) 0.0022

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0002 SGD (High: 0.0023 / Low: 0.0021). On the other end, January was the most stable month, with a tight range of 0.0000 SGD (High: 0.0021 / Low: 0.0021).

September Spread (Volatile) ±0.0002
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and October, 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 May and June, when the average rate fell by 0.0000 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.0023) against the same month in 2021 (average: 0.0021), the exchange rate shifted by +0.0002 (+7.20%).

2022 Avg (December) 0.0023
2021 Avg (December) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0021 0.0021 0.0021
February 0.0021 0.0021 0.0021
March 0.0021 0.0021 0.0021
April 0.0021 0.0020 0.0021
May 0.0021 0.0020 0.0021
June 0.0020 0.0020 0.0020
July 0.0021 0.0020 0.0020
August 0.0022 0.0020 0.0021
September 0.0023 0.0021 0.0022
October 0.0023 0.0022 0.0023
November 0.0023 0.0022 0.0023
December 0.0023 0.0023 0.0023