2022 PEN to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PEN to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PEN to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on June 22, valuing the pair at 185.4935. Conversely, the yearly low was recorded on December 12, dropping to 151.7264.
This high-to-low spread represents a total annual volatility of 33.7671 CRC. From a start-to-finish perspective, comparing the January average rate of 164.1038 to the December average rate of 154.1296, the exchange rate registered a net change of -6.08% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 185.4935 was up 8.88% compared to the 2021 peak of 170.3704, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
PEN to CRC Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 173.9548, compared to 162.9838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.9710 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 12.5002 CRC (High: 169.8282 / Low: 157.3280). On the other end, June was the most stable month, with a tight range of 4.7540 CRC (High: 185.4935 / Low: 180.7395).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 8.4269 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2022: 183.0881) against the same month in 2021 (average: 158.2224), the exchange rate shifted by +24.8657 (+15.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 166.7429 | 160.8946 | 164.1038 |
| February | 171.9049 | 166.0360 | 169.1853 |
| March | 176.1956 | 169.4374 | 173.0867 |
| April | 182.4869 | 172.4300 | 175.9411 |
| May | 184.4844 | 172.2083 | 178.3239 |
| June | 185.4935 | 180.7395 | 183.0881 |
| July | 179.4530 | 170.3992 | 174.6612 |
| August | 173.0516 | 163.9335 | 169.8931 |
| September | 169.8282 | 157.3280 | 164.7114 |
| October | 160.2674 | 154.3402 | 156.8959 |
| November | 160.1766 | 154.6341 | 157.6118 |
| December | 157.4287 | 151.7264 | 154.1296 |