YEARLY HIGH
834.2454 CRC
YEARLY LOW
732.2325 CRC
YEARLY AVERAGE
763.7423 CRC

2023 JOD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 834.2454. Conversely, the yearly low was recorded on December 29, dropping to 732.2325.

This high-to-low spread represents a total annual volatility of 102.0130 CRC. From a start-to-finish perspective, comparing the January average rate of 810.1693 to the December average rate of 740.2803, the exchange rate registered a net change of -8.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 834.2454 was down 14.48% compared to the 2022 peak of 975.5396, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,171,227 CRC
2022 Average 4,549,698 CRC
Yearly Trough Low 3,661,162 CRC
Transaction Impact: A difference of 510,064.77 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

817.1582
733.2914
JanuMarcMayJulySeptNove

JOD 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 774.9131, compared to 752.5715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 22.3416 points.

H1 Avg (Jan–Jun) 774.9131
H2 Avg (Jul–Dec) 752.5715

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 55.6794 CRC (High: 834.2454 / Low: 778.5661). On the other end, June was the most stable month, with a tight range of 8.5306 CRC (High: 765.2217 / Low: 756.6911).

January Spread (Volatile) ±55.6794
June Spread (Stable) ±8.5306

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 27.5658 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -27.5658

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 810.1693) against the same month in 2022 (average: 901.0220), the exchange rate shifted by -90.8527 (-10.08%).

2023 Avg (January) 810.1693
2022 Avg (January) 901.0220

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 834.2454 778.5661 810.1693
February 820.1000 777.4101 796.5762
March 788.2935 754.2071 769.0104
April 765.1826 747.9058 755.0186
May 765.9650 751.1127 757.5608
June 765.2217 756.6911 761.1435
July 773.1018 755.0107 761.6524
August 770.3074 751.9785 760.1692
September 761.4645 747.3229 755.7542
October 755.9618 746.9319 749.7363
November 752.7166 742.2838 747.8366
December 746.4952 732.2325 740.2803