YEARLY HIGH
1.2889 CRC
YEARLY LOW
1.1048 CRC
YEARLY AVERAGE
1.1874 CRC

2023 KZT to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 1.2889. Conversely, the yearly low was recorded on October 19, dropping to 1.1048.

This high-to-low spread represents a total annual volatility of 0.1842 CRC. From a start-to-finish perspective, comparing the January average rate of 1.2425 to the December average rate of 1.1438, the exchange rate registered a net change of -7.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2889 was down 20.48% compared to the 2022 peak of 1.6210, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,445 CRC
2022 Average 7,006 CRC
Yearly Trough Low 5,524 CRC
Transaction Impact: A difference of 920.82 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2654
1.1029
JanuMarcMayJulySeptNove

KZT 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 1.2165, compared to 1.1584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0581 points.

H1 Avg (Jan–Jun) 1.2165
H2 Avg (Jul–Dec) 1.1584

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1272 CRC (High: 1.2889 / Low: 1.1617). On the other end, June was the most stable month, with a tight range of 0.0144 CRC (High: 1.2092 / Low: 1.1948).

March Spread (Volatile) ±0.1272
June Spread (Stable) ±0.0144

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0448 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0448

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1.2100) against the same month in 2022 (average: 1.2857), the exchange rate shifted by -0.0757 (-5.89%).

2023 Avg (March) 1.2100
2022 Avg (March) 1.2857

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2785 1.1993 1.2425
February 1.2878 1.1976 1.2519
March 1.2889 1.1617 1.2100
April 1.2145 1.1652 1.1861
May 1.2260 1.1857 1.2048
June 1.2092 1.1948 1.2037
July 1.2398 1.2007 1.2136
August 1.2256 1.1563 1.1880
September 1.1783 1.1181 1.1432
October 1.1321 1.1048 1.1165
November 1.1599 1.1295 1.1454
December 1.1542 1.1348 1.1438