YEARLY HIGH
0.0345 CRC
YEARLY LOW
0.0253 CRC
YEARLY AVERAGE
0.0292 CRC

2023 LAK to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0345. Conversely, the yearly low was recorded on December 29, dropping to 0.0253.

This high-to-low spread represents a total annual volatility of 0.0092 CRC. From a start-to-finish perspective, comparing the January average rate of 0.0338 to the December average rate of 0.0254, the exchange rate registered a net change of -24.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0345 was down 39.90% compared to the 2022 peak of 0.0574, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 173 CRC
2022 Average 232 CRC
Yearly Trough Low 126 CRC
Transaction Impact: A difference of 46.09 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0347
0.0246
JanuMarcMayJulySeptNove

LAK 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 0.0318, compared to 0.0266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.0318
H2 Avg (Jul–Dec) 0.0266

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0020 CRC (High: 0.0304 / Low: 0.0284). On the other end, December was the most stable month, with a tight range of 0.0003 CRC (High: 0.0256 / Low: 0.0253).

June Spread (Volatile) ±0.0020
December Spread (Stable) ±0.0003

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 May and June, when the average rate fell by 0.0012 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0338) against the same month in 2022 (average: 0.0566), the exchange rate shifted by -0.0228 (-40.28%).

2023 Avg (January) 0.0338
2022 Avg (January) 0.0566

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0345 0.0328 0.0338
February 0.0345 0.0327 0.0335
March 0.0331 0.0317 0.0323
April 0.0318 0.0308 0.0312
May 0.0312 0.0303 0.0306
June 0.0304 0.0284 0.0294
July 0.0289 0.0278 0.0283
August 0.0285 0.0274 0.0277
September 0.0274 0.0262 0.0269
October 0.0263 0.0256 0.0258
November 0.0259 0.0255 0.0256
December 0.0256 0.0253 0.0254