YEARLY HIGH
35.0022 CRC
YEARLY LOW
29.3649 CRC
YEARLY AVERAGE
32.0884 CRC

2022 MXN to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MXN to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 35.0022. Conversely, the yearly low was recorded on December 12, dropping to 29.3649.

This high-to-low spread represents a total annual volatility of 5.6374 CRC. From a start-to-finish perspective, comparing the January average rate of 31.1625 to the December average rate of 30.1038, the exchange rate registered a net change of -3.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 35.0022 was up 10.89% compared to the 2021 peak of 31.5640, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 1,750,112 CRC
2021 Average 1,531,946 CRC
Yearly Trough Low 1,468,245 CRC
Transaction Impact: A difference of 281,867.62 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

34.7499
29.6814
JanuMarcMayJulySeptNove

MXN 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 32.4257, compared to 31.7511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6746 points.

H1 Avg (Jan–Jun) 32.4257
H2 Avg (Jul–Dec) 31.7511

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 2.8714 CRC (High: 32.9643 / Low: 30.0929). On the other end, February was the most stable month, with a tight range of 0.6537 CRC (High: 31.5829 / Low: 30.9291).

March Spread (Volatile) ±2.8714
February Spread (Stable) ±0.6537

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 1.2870 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.2870

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 34.3275) against the same month in 2021 (average: 30.8957), the exchange rate shifted by +3.4318 (+11.11%).

2022 Avg (June) 34.3275
2021 Avg (June) 30.8957

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.5281 30.7177 31.1625
February 31.5829 30.9291 31.3371
March 32.9643 30.0929 31.5185
April 33.4838 32.3217 32.7564
May 34.5493 32.3525 33.4521
June 35.0022 33.1969 34.3275
July 33.8796 32.5608 33.1847
August 33.7356 31.5533 32.6828
September 32.9674 31.0020 31.9358
October 31.8366 30.5067 31.2085
November 31.8310 30.9659 31.3908
December 31.1524 29.3649 30.1038