2022 EGP to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 EGP to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the EGP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 41.3966. Conversely, the yearly low was recorded on December 29, dropping to 23.4911.
This high-to-low spread represents a total annual volatility of 17.9055 CRC. From a start-to-finish perspective, comparing the January average rate of 40.6409 to the December average rate of 23.9151, the exchange rate registered a net change of -41.16% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 41.3966 was up 1.14% compared to the 2021 peak of 40.9297, 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 2022.
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 38.1770, compared to 30.5634 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.6136 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 6.7321 CRC (High: 32.2991 / Low: 25.5670). On the other end, January was the most stable month, with a tight range of 0.5817 CRC (High: 40.8824 / Low: 40.3007).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 6.0461 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2022: 39.0506) against the same month in 2021 (average: 38.9526), the exchange rate shifted by +0.0980 (+0.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 40.8824 | 40.3007 | 40.6409 |
| February | 41.1389 | 40.4074 | 40.7885 |
| March | 41.3966 | 34.8265 | 39.0506 |
| April | 36.3800 | 35.3142 | 35.6694 |
| May | 36.7778 | 35.7637 | 36.2942 |
| June | 36.8729 | 36.1400 | 36.6187 |
| July | 36.4873 | 35.3257 | 36.0110 |
| August | 35.2226 | 32.9273 | 34.3598 |
| September | 34.2511 | 32.0606 | 33.0351 |
| October | 32.2991 | 25.5670 | 31.0527 |
| November | 25.6851 | 24.2987 | 25.0066 |
| December | 24.5404 | 23.4911 | 23.9151 |