2023 MAD to CRC Historical Review

YEARLY HIGH

57.6546 CRC

YEARLY LOW

51.3997 CRC

YEARLY AVERAGE

53.5118 CRC

2023 MAD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 57.6546. Conversely, the yearly low was recorded on October 23, dropping to 51.3997.

This high-to-low spread represents a total annual volatility of 6.2550 CRC. From a start-to-finish perspective, comparing the January average rate of 56.1655 to the December average rate of 52.3047, the exchange rate registered a net change of -6.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 57.6546 was down 17.06% compared to the 2022 peak of 69.5125, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 288,273 CRC

2022 Average 318,646 CRC

Yearly Trough Low 256,998 CRC

Transaction Impact: A difference of 31,274.81 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

56.6044

51.3380

JanuMarcMayJulySeptNove

MAD 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 53.9436, compared to 53.0800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8635 points.

H1 Avg (Jan–Jun) 53.9436

H2 Avg (Jul–Dec) 53.0800

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.5591 CRC (High: 57.6546 / Low: 54.0955). On the other end, October was the most stable month, with a tight range of 1.0437 CRC (High: 52.4434 / Low: 51.3997).

January Spread (Volatile) ±3.5591

October Spread (Stable) ±1.0437

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.0411 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.0411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 56.1655) against the same month in 2022 (average: 68.7684), the exchange rate shifted by -12.6029 (-18.33%).

2023 Avg (January) 56.1655

2022 Avg (January) 68.7684

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	57.6546	54.0955	56.1655
February	56.9056	53.5479	54.8683
March	53.8432	52.1098	52.8272
April	53.9711	52.3965	52.8778
May	54.4349	52.2813	53.1832
June	54.8567	52.6181	53.7393
July	56.4829	54.7700	55.4726
August	55.8215	52.9834	54.3688
September	52.8202	51.6028	52.3439
October	52.4434	51.3997	51.7768
November	52.7503	51.5273	52.2132
December	52.8952	51.7475	52.3047