2023 CRC to YER Historical Review

YEARLY HIGH

0.4816 YER

YEARLY LOW

0.4230 YER

YEARLY AVERAGE

0.4625 YER

2023 CRC to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.4816. Conversely, the yearly low was recorded on January 2, dropping to 0.4230.

This high-to-low spread represents a total annual volatility of 0.0586 YER. From a start-to-finish perspective, comparing the January average rate of 0.4358 to the December average rate of 0.4765, the exchange rate registered a net change of 9.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4816 was up 11.81% compared to the 2022 peak of 0.4308, 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 2,408 YER

2022 Average 1,943 YER

Yearly Trough Low 2,115 YER

Transaction Impact: A difference of 293.20 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4806

0.4317

JanuMarcMayJulySeptNove

CRC to YER 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 0.4557, compared to 0.4692 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0134 points.

H1 Avg (Jan–Jun) 0.4557

H2 Avg (Jul–Dec) 0.4692

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0304 YER (High: 0.4534 / Low: 0.4230). On the other end, June was the most stable month, with a tight range of 0.0053 YER (High: 0.4664 / Low: 0.4611).

January Spread (Volatile) ±0.0304

June Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between July and December, 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 May and June, when the average rate fell by 0.0021 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.4765) against the same month in 2022 (average: 0.4246), the exchange rate shifted by +0.0519 (+12.23%).

2023 Avg (December) 0.4765

2022 Avg (December) 0.4246

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4534	0.4230	0.4358
February	0.4540	0.4303	0.4431
March	0.4675	0.4476	0.4588
April	0.4718	0.4611	0.4674
May	0.4697	0.4607	0.4658
June	0.4664	0.4611	0.4636
July	0.4676	0.4565	0.4634
August	0.4704	0.4588	0.4651
September	0.4730	0.4641	0.4674
October	0.4725	0.4669	0.4707
November	0.4755	0.4689	0.4719
December	0.4816	0.4727	0.4765