YEARLY HIGH
138.6976 CRC
YEARLY LOW
121.2653 CRC
YEARLY AVERAGE
129.0829 CRC

2023 PLN to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 138.6976. Conversely, the yearly low was recorded on October 3, dropping to 121.2653.

This high-to-low spread represents a total annual volatility of 17.4323 CRC. From a start-to-finish perspective, comparing the January average rate of 132.5957 to the December average rate of 132.4150, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 138.6976 was down 15.07% compared to the 2022 peak of 163.3006, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 2,773,952 CRC
2022 Average 2,905,580 CRC
Yearly Trough Low 2,425,307 CRC
Transaction Impact: A difference of 348,645.66 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

135.4184
123.3138
JanuMarcMayJulySeptNove

PLN 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 128.5194, compared to 129.6463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1270 points.

H1 Avg (Jan–Jun) 128.5194
H2 Avg (Jul–Dec) 129.6463

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 11.3215 CRC (High: 138.6976 / Low: 127.3761). On the other end, December was the most stable month, with a tight range of 3.1128 CRC (High: 134.0428 / Low: 130.9301).

January Spread (Volatile) ±11.3215
December Spread (Stable) ±3.1128

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 August and September, when the average rate fell by 7.3792 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -7.3792

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 132.5957) against the same month in 2022 (average: 158.8260), the exchange rate shifted by -26.2303 (-16.52%).

2023 Avg (January) 132.5957
2022 Avg (January) 158.8260

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 138.6976 127.3761 132.5957
February 131.3864 124.5586 127.4902
March 127.4886 121.4540 124.5190
April 128.7511 124.4757 126.5874
May 131.0014 126.6101 128.6286
June 133.9210 128.0570 131.2953
July 137.6216 131.7485 134.4096
August 134.8448 129.3739 131.7017
September 130.0577 121.5457 124.3225
October 127.0047 121.2653 124.6061
November 134.8455 125.7090 130.4231
December 134.0428 130.9301 132.4150