2023 EUR to CRC Historical Review

YEARLY HIGH

633.4791 CRC

YEARLY LOW

558.3097 CRC

YEARLY AVERAGE

586.1960 CRC

2023 EUR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 633.4791. Conversely, the yearly low was recorded on October 14, dropping to 558.3097.

This high-to-low spread represents a total annual volatility of 75.1694 CRC. From a start-to-finish perspective, comparing the January average rate of 619.9236 to the December average rate of 573.6446, the exchange rate registered a net change of -7.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 633.4791 was down 14.08% compared to the 2022 peak of 737.2924, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,167,395 CRC

2022 Average 3,399,882 CRC

Yearly Trough Low 2,791,548 CRC

Transaction Impact: A difference of 375,846.99 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

625.7180

556.1857

JanuMarcMayJulySeptNove

EUR 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 594.7120, compared to 577.6800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 17.0320 points.

H1 Avg (Jan–Jun) 594.7120

H2 Avg (Jul–Dec) 577.6800

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 34.3647 CRC (High: 624.7881 / Low: 590.4234). On the other end, October was the most stable month, with a tight range of 10.3284 CRC (High: 568.6381 / Low: 558.3097).

February Spread (Volatile) ±34.3647

October Spread (Stable) ±10.3284

Growth Streaks & Declines

Trends

Between May and July, 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 February and March, when the average rate fell by 20.2570 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -20.2570

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 619.9236) against the same month in 2022 (average: 723.2661), the exchange rate shifted by -103.3425 (-14.29%).

2023 Avg (January) 619.9236

2022 Avg (January) 723.2661

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	633.4791	599.8512	619.9236
February	624.7881	590.4234	604.8442
March	595.6505	571.8609	584.5872
April	595.9475	582.8903	588.5537
May	609.2445	575.6750	584.8013
June	593.9046	574.7509	585.5621
July	611.7171	588.0116	597.3403
August	599.9269	578.2085	587.1952
September	581.7064	564.6076	571.9082
October	568.6381	558.3097	561.9800
November	582.5593	561.7995	574.0115
December	578.4180	567.7543	573.6446