YEARLY HIGH
8.7418 CRC
YEARLY LOW
5.2622 CRC
YEARLY AVERAGE
6.4305 CRC

2023 RUB to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 8.7418. Conversely, the yearly low was recorded on October 8, dropping to 5.2622.

This high-to-low spread represents a total annual volatility of 3.4797 CRC. From a start-to-finish perspective, comparing the January average rate of 8.2170 to the December average rate of 5.7682, the exchange rate registered a net change of -29.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 8.7418 was down 33.11% compared to the 2022 peak of 13.0688, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 43,709 CRC
2022 Average 47,895 CRC
Yearly Trough Low 26,311 CRC
Transaction Impact: A difference of 17,398.27 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

8.4903
5.2105
JanuMarcMayJulySeptNove

RUB 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 7.1566, compared to 5.7045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4520 points.

H1 Avg (Jan–Jun) 7.1566
H2 Avg (Jul–Dec) 5.7045

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.9170 CRC (High: 8.7418 / Low: 7.8248). On the other end, September was the most stable month, with a tight range of 0.2334 CRC (High: 5.6697 / Low: 5.4362).

January Spread (Volatile) ±0.9170
September Spread (Stable) ±0.2334

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 0.5437 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.5437

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 8.2170) against the same month in 2022 (average: 8.3472), the exchange rate shifted by -0.1303 (-1.56%).

2023 Avg (January) 8.2170
2022 Avg (January) 8.3472

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.7418 7.8248 8.2170
February 8.0062 7.3381 7.6915
March 7.4182 6.9550 7.1478
April 6.9594 6.4978 6.6141
May 7.0626 6.6368 6.7918
June 6.6944 6.1121 6.4771
July 6.1329 5.8451 5.9621
August 5.8977 5.3584 5.6183
September 5.6697 5.4362 5.5370
October 5.7077 5.2622 5.4838
November 6.0174 5.6818 5.8580
December 5.8947 5.6223 5.7682