YEARLY HIGH
13.3242 CRC
YEARLY LOW
10.8398 CRC
YEARLY AVERAGE
12.4335 CRC

2022 ETB to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on June 24, valuing the pair at 13.3242. Conversely, the yearly low was recorded on December 27, dropping to 10.8398.

This high-to-low spread represents a total annual volatility of 2.4844 CRC. From a start-to-finish perspective, comparing the January average rate of 12.8825 to the December average rate of 11.0143, the exchange rate registered a net change of -14.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 13.3242 was down 14.84% compared to the 2021 peak of 15.6466, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,621 CRC
2021 Average 70,999 CRC
Yearly Trough Low 54,199 CRC
Transaction Impact: A difference of 12,421.84 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

13.4130
10.7962
JanuMarcMayJulySeptNove

ETB 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 12.8642, compared to 12.0027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8615 points.

H1 Avg (Jan–Jun) 12.8642
H2 Avg (Jul–Dec) 12.0027

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.8231 CRC (High: 12.8196 / Low: 11.9965). On the other end, May was the most stable month, with a tight range of 0.2564 CRC (High: 13.0640 / Low: 12.8075).

August Spread (Volatile) ±0.8231
May Spread (Stable) ±0.2564

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.4878 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4878

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 13.1950) against the same month in 2021 (average: 14.2326), the exchange rate shifted by -1.0377 (-7.29%).

2022 Avg (June) 13.1950
2021 Avg (June) 14.2326

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.0639 12.7642 12.8825
February 12.8921 12.5124 12.7014
March 12.8030 12.5101 12.6546
April 12.9486 12.6695 12.7918
May 13.0640 12.8075 12.9601
June 13.3242 13.0017 13.1950
July 13.1732 12.7441 13.0154
August 12.8196 11.9965 12.5275
September 12.5063 11.9088 12.1605
October 12.0586 11.5781 11.8091
November 11.7469 11.1654 11.4895
December 11.2831 10.8398 11.0143