2022 HNL to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 HNL to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the HNL to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on June 24, valuing the pair at 28.1964. Conversely, the yearly low was recorded on December 28, dropping to 23.5465.
This high-to-low spread represents a total annual volatility of 4.6499 CRC. From a start-to-finish perspective, comparing the January average rate of 26.0571 to the December average rate of 23.8769, the exchange rate registered a net change of -8.37% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 28.1964 was up 5.80% compared to the 2021 peak of 26.6506, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
HNL to CRC Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 26.7731, compared to 25.6774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0957 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 2.8734 CRC (High: 27.2525 / Low: 24.3791). On the other end, February was the most stable month, with a tight range of 0.2277 CRC (High: 26.1806 / Low: 25.9529).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.0225 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2022: 27.9108) against the same month in 2021 (average: 25.7396), the exchange rate shifted by +2.1712 (+8.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.3151 | 25.8131 | 26.0571 |
| February | 26.1806 | 25.9529 | 26.0847 |
| March | 26.8509 | 26.0791 | 26.4156 |
| April | 27.1624 | 26.5707 | 26.8480 |
| May | 27.5414 | 26.9916 | 27.3223 |
| June | 28.1964 | 27.4275 | 27.9108 |
| July | 28.0401 | 27.2271 | 27.6921 |
| August | 27.2525 | 24.3791 | 26.6696 |
| September | 26.8317 | 25.2989 | 25.9859 |
| October | 25.7077 | 24.7654 | 25.1923 |
| November | 25.1408 | 24.1025 | 24.6475 |
| December | 24.4138 | 23.5465 | 23.8769 |