2018 EGP to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 EGP to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the EGP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 34.8768. Conversely, the yearly low was recorded on May 22, dropping to 31.5179.
This high-to-low spread represents a total annual volatility of 3.3589 CRC. From a start-to-finish perspective, comparing the January average rate of 32.0414 to the December average rate of 33.4189, the exchange rate registered a net change of 4.30% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 34.8768 was down 2.36% compared to the 2017 peak of 35.7193, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
EGP to CRC 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 32.0356, compared to 32.7336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6981 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 1.5501 CRC (High: 33.8796 / Low: 32.3295). On the other end, June was the most stable month, with a tight range of 0.1999 CRC (High: 31.8111 / Low: 31.6111).
Growth Streaks & Declines
TrendsBetween July and November, 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 November and December, when the average rate fell by 0.6798 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 34.0987) against the same month in 2017 (average: 32.1611), the exchange rate shifted by +1.9376 (+6.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 32.2663 | 31.8172 | 32.0414 |
| February | 32.4630 | 32.1581 | 32.3244 |
| March | 32.3836 | 32.0902 | 32.2554 |
| April | 32.2530 | 31.8129 | 32.0415 |
| May | 32.1665 | 31.5179 | 31.8086 |
| June | 31.8111 | 31.6111 | 31.7422 |
| July | 31.8558 | 31.6455 | 31.7131 |
| August | 32.1480 | 31.6575 | 31.7620 |
| September | 32.7350 | 31.9655 | 32.3816 |
| October | 33.8796 | 32.3295 | 33.0275 |
| November | 34.8768 | 33.4076 | 34.0987 |
| December | 33.8275 | 33.2190 | 33.4189 |