YEARLY HIGH
10.5188 CRC
YEARLY LOW
8.9586 CRC
YEARLY AVERAGE
9.6774 CRC

2023 DOP to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 10.5188. Conversely, the yearly low was recorded on December 29, dropping to 8.9586.

This high-to-low spread represents a total annual volatility of 1.5602 CRC. From a start-to-finish perspective, comparing the January average rate of 10.1572 to the December average rate of 9.1613, the exchange rate registered a net change of -9.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.5188 was down 17.06% compared to the 2022 peak of 12.6821, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DOP based on timing:

Yearly Peak High 52,594 CRC
2022 Average 58,729 CRC
Yearly Trough Low 44,793 CRC
Transaction Impact: A difference of 7,800.81 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.2568
9.0617
JanuMarcMayJulySeptNove

DOP to CRC 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 9.9390, compared to 9.4157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5233 points.

H1 Avg (Jan–Jun) 9.9390
H2 Avg (Jul–Dec) 9.4157

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.7793 CRC (High: 10.5188 / Low: 9.7395). On the other end, June was the most stable month, with a tight range of 0.1063 CRC (High: 9.9106 / Low: 9.8043).

January Spread (Volatile) ±0.7793
June Spread (Stable) ±0.1063

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1856 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1856

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 10.1572) against the same month in 2022 (average: 11.0933), the exchange rate shifted by -0.9361 (-8.44%).

2023 Avg (January) 10.1572
2022 Avg (January) 11.0933

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.5188 9.7395 10.1572
February 10.3336 9.7409 10.0600
March 10.1215 9.8371 9.9291
April 9.8867 9.7349 9.7916
May 9.9863 9.7860 9.8560
June 9.9106 9.8043 9.8401
July 9.8353 9.5239 9.6804
August 9.6829 9.3925 9.5048
September 9.4981 9.3378 9.4363
October 9.4465 9.3111 9.3644
November 9.4388 9.2791 9.3469
December 9.3113 8.9586 9.1613