2023 SCR to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |