2023 CRC to SGD Historical Review

YEARLY HIGH

0.0026 SGD

YEARLY LOW

0.0023 SGD

YEARLY AVERAGE

0.0025 SGD

2023 CRC to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 21, valuing the pair at 0.0026. Conversely, the yearly low was recorded on January 8, dropping to 0.0023.

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 0.0023 to the December average rate of 0.0025, the exchange rate registered a net change of 9.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0026 was up 11.58% compared to the 2022 peak of 0.0023, 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 13 SGD

2022 Average 11 SGD

Yearly Trough Low 11 SGD

Transaction Impact: A difference of 1.68 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0026

0.0023

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 0.0024, compared to 0.0025 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) 0.0024

H2 Avg (Jul–Dec) 0.0025

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0001 SGD (High: 0.0024 / Low: 0.0023). On the other end, December was the most stable month, with a tight range of 0.0000 SGD (High: 0.0025 / Low: 0.0025).

February Spread (Volatile) ±0.0001

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0026) against the same month in 2022 (average: 0.0023), the exchange rate shifted by +0.0003 (+12.74%).

2023 Avg (October) 0.0026

2022 Avg (October) 0.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0024	0.0023	0.0023
February	0.0024	0.0023	0.0024
March	0.0025	0.0024	0.0025
April	0.0025	0.0024	0.0025
May	0.0025	0.0024	0.0025
June	0.0025	0.0025	0.0025
July	0.0025	0.0024	0.0025
August	0.0025	0.0024	0.0025
September	0.0026	0.0025	0.0025
October	0.0026	0.0025	0.0026
November	0.0026	0.0025	0.0025
December	0.0025	0.0025	0.0025