YEARLY HIGH
7.2044 CRC
YEARLY LOW
6.2372 CRC
YEARLY AVERAGE
6.5627 CRC

2023 BTN to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 7.2044. Conversely, the yearly low was recorded on December 28, dropping to 6.2372.

This high-to-low spread represents a total annual volatility of 0.9672 CRC. From a start-to-finish perspective, comparing the January average rate of 7.0238 to the December average rate of 6.3030, the exchange rate registered a net change of -10.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 7.2044 was down 18.46% compared to the 2022 peak of 8.8353, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36,022 CRC
2022 Average 41,129 CRC
Yearly Trough Low 31,186 CRC
Transaction Impact: A difference of 4,836.16 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

7.0959
6.2309
JanuMarcMayJulySeptNove

BTN 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 6.6909, compared to 6.4344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2564 points.

H1 Avg (Jan–Jun) 6.6909
H2 Avg (Jul–Dec) 6.4344

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.4686 CRC (High: 7.2044 / Low: 6.7358). On the other end, November was the most stable month, with a tight range of 0.0629 CRC (High: 6.4153 / Low: 6.3525).

January Spread (Volatile) ±0.4686
November Spread (Stable) ±0.0629

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 0.2056 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 7.0238) against the same month in 2022 (average: 8.5851), the exchange rate shifted by -1.5613 (-18.19%).

2023 Avg (January) 7.0238
2022 Avg (January) 8.5851

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.2044 6.7358 7.0238
February 7.0580 6.7278 6.8426
March 6.7836 6.5327 6.6369
April 6.5941 6.4885 6.5402
May 6.6454 6.4543 6.5319
June 6.6241 6.5043 6.5699
July 6.6440 6.5287 6.5793
August 6.6222 6.4160 6.4995
September 6.5158 6.3707 6.4520
October 6.4424 6.3681 6.3967
November 6.4153 6.3525 6.3761
December 6.3550 6.2372 6.3030