2023 FKP to CRC Historical Review

YEARLY HIGH

718.4038 CRC

YEARLY LOW

641.7448 CRC

YEARLY AVERAGE

673.4753 CRC

2023 FKP to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 718.4038. Conversely, the yearly low was recorded on October 29, dropping to 641.7448.

This high-to-low spread represents a total annual volatility of 76.6590 CRC. From a start-to-finish perspective, comparing the January average rate of 703.5716 to the December average rate of 665.1872, the exchange rate registered a net change of -5.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 718.4038 was down 18.19% compared to the 2022 peak of 878.1365, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,592,019 CRC

2022 Average 3,991,854 CRC

Yearly Trough Low 3,208,724 CRC

Transaction Impact: A difference of 383,295.13 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

709.1950

641.7148

JanuMarcMayJulySeptNove

FKP 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 677.8736, compared to 669.0770 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.7966 points.

H1 Avg (Jan–Jun) 677.8736

H2 Avg (Jul–Dec) 669.0770

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 38.7374 CRC (High: 704.8713 / Low: 666.1338). On the other end, December was the most stable month, with a tight range of 12.3698 CRC (High: 673.1414 / Low: 660.7716).

February Spread (Volatile) ±38.7374

December Spread (Stable) ±12.3698

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 21.7630 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -21.7630

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 703.5716) against the same month in 2022 (average: 865.9582), the exchange rate shifted by -162.3866 (-18.75%).

2023 Avg (January) 703.5716

2022 Avg (January) 865.9582

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	718.4038	679.8114	703.5716
February	704.8713	666.1338	681.8086
March	673.0464	651.5246	662.2477
April	678.4884	660.5566	666.5936
May	686.8690	661.0748	670.6146
June	693.8183	667.6898	682.4053
July	715.5350	684.7516	695.6914
August	697.3496	677.6400	683.5795
September	678.7903	652.4061	663.4308
October	659.1921	641.7448	647.3382
November	673.0249	646.0088	659.2348
December	673.1414	660.7716	665.1872