YEARLY HIGH
0.3913 CRC
YEARLY LOW
0.0346 CRC
YEARLY AVERAGE
0.0693 CRC

2023 LBP to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.3913. Conversely, the yearly low was recorded on December 31, dropping to 0.0346.

This high-to-low spread represents a total annual volatility of 0.3568 CRC. From a start-to-finish perspective, comparing the January average rate of 0.3791 to the December average rate of 0.0349, the exchange rate registered a net change of -90.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3913 was down 14.23% compared to the 2022 peak of 0.4563, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,957 CRC
2022 Average 2,129 CRC
Yearly Trough Low 173 CRC
Transaction Impact: A difference of 1,783.81 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4136
0.0005
JanuMarcMayJulySeptNove

LBP 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 0.1032, compared to 0.0355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0677 points.

H1 Avg (Jan–Jun) 0.1032
H2 Avg (Jul–Dec) 0.0355

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.3348 CRC (High: 0.3714 / Low: 0.0367). On the other end, November was the most stable month, with a tight range of 0.0004 CRC (High: 0.0357 / Low: 0.0352).

February Spread (Volatile) ±0.3348
November Spread (Stable) ±0.0004

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 January and February, when the average rate fell by 0.2824 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2824

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3791) against the same month in 2022 (average: 0.4226), the exchange rate shifted by -0.0435 (-10.28%).

2023 Avg (January) 0.3791
2022 Avg (January) 0.4226

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3913 0.3653 0.3791
February 0.3714 0.0367 0.0968
March 0.0369 0.0356 0.0362
April 0.0359 0.0351 0.0355
May 0.0359 0.0354 0.0356
June 0.0362 0.0352 0.0357
July 0.0363 0.0351 0.0359
August 0.0363 0.0351 0.0357
September 0.0359 0.0351 0.0356
October 0.0357 0.0352 0.0354
November 0.0357 0.0352 0.0354
December 0.0352 0.0346 0.0349