YEARLY HIGH
41.3966 CRC
YEARLY LOW
23.4911 CRC
YEARLY AVERAGE
34.3702 CRC

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.

Transfer Payout Power Comparison

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

Yearly Peak High 206,983 CRC
2021 Average 197,913 CRC
Yearly Trough Low 117,456 CRC
Transaction Impact: A difference of 89,527.46 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

42.4758
22.2277
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 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.

H1 Avg (Jan–Jun) 38.1770
H2 Avg (Jul–Dec) 30.5634

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±6.7321
January Spread (Stable) ±0.5817

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -6.0461

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2022 Avg (March) 39.0506
2021 Avg (March) 38.9526

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