YEARLY HIGH
40.9297 CRC
YEARLY LOW
38.5212 CRC
YEARLY AVERAGE
39.5804 CRC

2021 EGP to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EGP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 40.9297. Conversely, the yearly low was recorded on January 2, dropping to 38.5212.

This high-to-low spread represents a total annual volatility of 2.4085 CRC. From a start-to-finish perspective, comparing the January average rate of 38.9570 to the December average rate of 40.5530, the exchange rate registered a net change of 4.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 40.9297 was up 4.09% compared to the 2020 peak of 39.3199, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 204,649 CRC
2020 Average 184,852 CRC
Yearly Trough Low 192,606 CRC
Transaction Impact: A difference of 12,042.63 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

40.8604
38.7792
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 39.1594, compared to 40.0014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8420 points.

H1 Avg (Jan–Jun) 39.1594
H2 Avg (Jul–Dec) 40.0014

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.0408 CRC (High: 40.9184 / Low: 39.8776). On the other end, July was the most stable month, with a tight range of 0.1701 CRC (High: 39.5915 / Low: 39.4213).

November Spread (Volatile) ±1.0408
July Spread (Stable) ±0.1701

Growth Streaks & Declines

Trends

Between 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 0.1340 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1340

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 40.5530) against the same month in 2020 (average: 38.5819), the exchange rate shifted by +1.9712 (+5.11%).

2021 Avg (December) 40.5530
2020 Avg (December) 38.5819

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 39.2655 38.5212 38.9570
February 39.2256 38.9251 39.0703
March 39.1035 38.7599 38.9526
April 39.4424 38.9040 39.1031
May 39.6679 39.0716 39.3582
June 39.6237 39.4017 39.5155
July 39.5915 39.4213 39.5115
August 39.6664 39.4452 39.5443
September 39.8283 39.6251 39.7584
October 40.5791 39.8108 39.9543
November 40.9184 39.8776 40.6870
December 40.9297 39.9398 40.5530