2023 ETB to CRC Historical Review

YEARLY HIGH

11.0391 CRC

YEARLY LOW

9.2257 CRC

YEARLY AVERAGE

9.9007 CRC

2023 ETB to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 11.0391. Conversely, the yearly low was recorded on December 29, dropping to 9.2257.

This high-to-low spread represents a total annual volatility of 1.8134 CRC. From a start-to-finish perspective, comparing the January average rate of 10.7156 to the December average rate of 9.3519, the exchange rate registered a net change of -12.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.0391 was down 17.15% compared to the 2022 peak of 13.3242, 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 55,195 CRC

2022 Average 62,158 CRC

Yearly Trough Low 46,129 CRC

Transaction Impact: A difference of 9,066.79 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.8520

9.2156

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 10.1756, compared to 9.6258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5498 points.

H1 Avg (Jan–Jun) 10.1756

H2 Avg (Jul–Dec) 9.6258

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.7462 CRC (High: 11.0391 / Low: 10.2929). On the other end, June was the most stable month, with a tight range of 0.1358 CRC (High: 9.9630 / Low: 9.8271).

January Spread (Volatile) ±0.7462

June Spread (Stable) ±0.1358

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3717 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.3717

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 10.7156) against the same month in 2022 (average: 12.8825), the exchange rate shifted by -2.1669 (-16.82%).

2023 Avg (January) 10.7156

2022 Avg (January) 12.8825

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.0391	10.2929	10.7156
February	10.8458	10.2766	10.5225
March	10.4001	10.0098	10.1508
April	10.0245	9.7637	9.8867
May	10.0266	9.7904	9.8849
June	9.9630	9.8271	9.8930
July	9.9836	9.7256	9.8523
August	9.9404	9.6698	9.7712
September	9.7648	9.5920	9.6988
October	9.6757	9.4770	9.5647
November	9.5751	9.4310	9.5157
December	9.5036	9.2257	9.3519