2023 NAD to CRC Historical Review

YEARLY HIGH

35.0145 CRC

YEARLY LOW

26.2277 CRC

YEARLY AVERAGE

29.3412 CRC

2023 NAD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 35.0145. Conversely, the yearly low was recorded on October 28, dropping to 26.2277.

This high-to-low spread represents a total annual volatility of 8.7869 CRC. From a start-to-finish perspective, comparing the January average rate of 33.6581 to the December average rate of 28.1110, the exchange rate registered a net change of -16.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 35.0145 was down 22.96% compared to the 2022 peak of 45.4471, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 175,073 CRC

2022 Average 198,935 CRC

Yearly Trough Low 131,138 CRC

Transaction Impact: A difference of 43,934.38 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

34.2605

27.0317

JanuMarcMayJulySeptNove

NAD 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 30.2717, compared to 28.4107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8610 points.

H1 Avg (Jan–Jun) 30.2717

H2 Avg (Jul–Dec) 28.4107

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.9479 CRC (High: 33.2470 / Low: 30.2992). On the other end, September was the most stable month, with a tight range of 0.7747 CRC (High: 28.6421 / Low: 27.8674).

February Spread (Volatile) ±2.9479

September Spread (Stable) ±0.7747

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.0313 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.0313

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 33.6581) against the same month in 2022 (average: 41.2151), the exchange rate shifted by -7.5570 (-18.34%).

2023 Avg (January) 33.6581

2022 Avg (January) 41.2151

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.0145	32.0927	33.6581
February	33.2470	30.2992	31.6268
March	30.7769	29.0669	29.8532
April	30.4304	28.9184	29.4699
May	29.7178	27.2523	28.1806
June	29.7411	27.3450	28.8417
July	30.6525	28.5948	29.6176
August	29.8473	27.0014	28.5674
September	28.6421	27.8674	28.2280
October	28.3180	26.2277	27.6341
November	29.1616	26.5408	28.3061
December	28.9030	27.5291	28.1110