2022 KES to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 KES to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the KES to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 5.9106. Conversely, the yearly low was recorded on December 28, dropping to 4.7090.
This high-to-low spread represents a total annual volatility of 1.2016 CRC. From a start-to-finish perspective, comparing the January average rate of 5.6340 to the December average rate of 4.7927, the exchange rate registered a net change of -14.93% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 5.9106 was up 2.06% compared to the 2021 peak of 5.7913, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KES based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
KES 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 5.7038, compared to 5.2534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4504 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 0.3723 CRC (High: 5.6380 / Low: 5.2657). On the other end, February was the most stable month, with a tight range of 0.0498 CRC (High: 5.6667 / Low: 5.6169).
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 0.2448 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2022: 5.8447) against the same month in 2021 (average: 5.7420), the exchange rate shifted by +0.1027 (+1.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.6756 | 5.5850 | 5.6340 |
| February | 5.6667 | 5.6169 | 5.6410 |
| March | 5.7054 | 5.5950 | 5.6571 |
| April | 5.7656 | 5.6415 | 5.6917 |
| May | 5.7876 | 5.7142 | 5.7541 |
| June | 5.9106 | 5.7661 | 5.8447 |
| July | 5.8255 | 5.6272 | 5.7485 |
| August | 5.6380 | 5.2657 | 5.5036 |
| September | 5.4781 | 5.1833 | 5.3150 |
| October | 5.2817 | 5.0624 | 5.1518 |
| November | 5.1112 | 4.8691 | 5.0088 |
| December | 4.9130 | 4.7090 | 4.7927 |