YEARLY HIGH
45.8300 CRC
YEARLY LOW
37.3331 CRC
YEARLY AVERAGE
40.3209 CRC

2023 SCR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 45.8300. Conversely, the yearly low was recorded on December 26, dropping to 37.3331.

This high-to-low spread represents a total annual volatility of 8.4969 CRC. From a start-to-finish perspective, comparing the January average rate of 42.4799 to the December average rate of 39.1057, the exchange rate registered a net change of -7.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 45.8300 was down 14.59% compared to the 2022 peak of 53.6566, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 229,150 CRC
2022 Average 238,275 CRC
Yearly Trough Low 186,666 CRC
Transaction Impact: A difference of 42,484.68 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

42.8173
38.7682
JanuMarcMayJulySeptNove

SCR 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 40.6091, compared to 40.0328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5763 points.

H1 Avg (Jan–Jun) 40.6091
H2 Avg (Jul–Dec) 40.0328

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 6.0371 CRC (High: 45.8300 / Low: 39.7929). On the other end, November was the most stable month, with a tight range of 2.1681 CRC (High: 40.7372 / Low: 38.5691).

January Spread (Volatile) ±6.0371
November Spread (Stable) ±2.1681

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 1.1701 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.1701

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 42.4799) against the same month in 2022 (average: 46.4571), the exchange rate shifted by -3.9772 (-8.56%).

2023 Avg (January) 42.4799
2022 Avg (January) 46.4571

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.8300 39.7929 42.4799
February 44.3934 39.1529 41.7220
March 42.4226 38.7319 40.5519
April 41.4160 38.1747 39.6555
May 41.3675 38.1485 39.8275
June 41.3650 38.2111 39.4177
July 41.5518 37.8540 40.4328
August 41.4416 39.1660 40.2500
September 41.7788 38.9166 40.7669
October 41.6714 38.7120 39.9245
November 40.7372 38.5691 39.7170
December 40.9365 37.3331 39.1057