YEARLY HIGH
0.0810 CRC
YEARLY LOW
0.0707 CRC
YEARLY AVERAGE
0.0743 CRC

2023 PYG to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0810. Conversely, the yearly low was recorded on December 24, dropping to 0.0707.

This high-to-low spread represents a total annual volatility of 0.0103 CRC. From a start-to-finish perspective, comparing the January average rate of 0.0779 to the December average rate of 0.0714, the exchange rate registered a net change of -8.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0810 was down 19.44% compared to the 2022 peak of 0.1006, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 405 CRC
2022 Average 463 CRC
Yearly Trough Low 354 CRC
Transaction Impact: A difference of 51.54 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0786
0.0707
JanuMarcMayJulySeptNove

PYG 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 0.0759, compared to 0.0728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0759
H2 Avg (Jul–Dec) 0.0728

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0062 CRC (High: 0.0810 / Low: 0.0748). On the other end, November was the most stable month, with a tight range of 0.0007 CRC (High: 0.0717 / Low: 0.0710).

January Spread (Volatile) ±0.0062
November Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0015 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0779) against the same month in 2022 (average: 0.0917), the exchange rate shifted by -0.0138 (-15.05%).

2023 Avg (January) 0.0779
2022 Avg (January) 0.0917

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0810 0.0748 0.0779
February 0.0801 0.0751 0.0774
March 0.0774 0.0750 0.0759
April 0.0756 0.0735 0.0748
May 0.0760 0.0738 0.0746
June 0.0749 0.0741 0.0745
July 0.0753 0.0735 0.0744
August 0.0749 0.0733 0.0740
September 0.0741 0.0729 0.0736
October 0.0736 0.0710 0.0722
November 0.0717 0.0710 0.0713
December 0.0719 0.0707 0.0714