2022 SGD to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 SGD to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the SGD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on June 26, valuing the pair at 499.1395. Conversely, the yearly low was recorded on December 19, dropping to 430.4758.
This high-to-low spread represents a total annual volatility of 68.6637 CRC. From a start-to-finish perspective, comparing the January average rate of 472.9732 to the December average rate of 436.0810, the exchange rate registered a net change of -7.80% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 499.1395 was up 4.84% compared to the 2021 peak of 476.0973, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
SGD 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 481.0549, compared to 455.2511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 25.8038 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 35.0280 CRC (High: 488.3310 / Low: 453.3029). On the other end, January was the most stable month, with a tight range of 6.2995 CRC (High: 476.2174 / Low: 469.9179).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 22.0554 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2022: 495.2639) against the same month in 2021 (average: 464.0730), the exchange rate shifted by +31.1909 (+6.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 476.2174 | 469.9179 | 472.9732 |
| February | 479.2167 | 468.2741 | 476.0214 |
| March | 484.5255 | 470.9511 | 476.3827 |
| April | 489.0750 | 476.7469 | 481.3573 |
| May | 493.9875 | 477.7320 | 484.3310 |
| June | 499.1395 | 489.7545 | 495.2639 |
| July | 492.2323 | 481.5992 | 487.8712 |
| August | 488.3310 | 453.3029 | 475.3159 |
| September | 469.7742 | 436.2827 | 453.2605 |
| October | 444.8750 | 430.6570 | 438.0702 |
| November | 447.0277 | 433.4599 | 440.9078 |
| December | 444.3774 | 430.4758 | 436.0810 |