2023 IQD to CRC Historical Review

YEARLY HIGH

0.4182 CRC

YEARLY LOW

0.3638 CRC

YEARLY AVERAGE

0.3992 CRC

2023 IQD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 11, valuing the pair at 0.4182. Conversely, the yearly low was recorded on April 26, dropping to 0.3638.

This high-to-low spread represents a total annual volatility of 0.0544 CRC. From a start-to-finish perspective, comparing the January average rate of 0.3937 to the December average rate of 0.4007, the exchange rate registered a net change of 1.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4182 was down 11.72% compared to the 2022 peak of 0.4737, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,091 CRC

2022 Average 2,210 CRC

Yearly Trough Low 1,819 CRC

Transaction Impact: A difference of 272.15 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4171

0.3650

JanuMarcMayJulySeptNove

IQD 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 0.3908, compared to 0.4076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0168 points.

H1 Avg (Jan–Jun) 0.3908

H2 Avg (Jul–Dec) 0.4076

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0461 CRC (High: 0.4148 / Low: 0.3687). On the other end, October was the most stable month, with a tight range of 0.0046 CRC (High: 0.4093 / Low: 0.4047).

May Spread (Volatile) ±0.0461

October Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0128 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.4128) against the same month in 2022 (average: 0.4665), the exchange rate shifted by -0.0537 (-11.51%).

2023 Avg (July) 0.4128

2022 Avg (July) 0.4665

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4054	0.3784	0.3937
February	0.3990	0.3779	0.3871
March	0.3829	0.3695	0.3743
April	0.4052	0.3638	0.3694
May	0.4148	0.3687	0.4077
June	0.4145	0.4099	0.4123
July	0.4182	0.4088	0.4128
August	0.4159	0.4069	0.4109
September	0.4117	0.4046	0.4090
October	0.4093	0.4047	0.4063
November	0.4090	0.4043	0.4056
December	0.4043	0.3969	0.4007