YEARLY HIGH
0.0335 CRC
YEARLY LOW
0.0248 CRC
YEARLY AVERAGE
0.0286 CRC

2023 SLL to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0335. Conversely, the yearly low was recorded on December 29, dropping to 0.0248.

This high-to-low spread represents a total annual volatility of 0.0087 CRC. From a start-to-finish perspective, comparing the January average rate of 0.0325 to the December average rate of 0.0250, the exchange rate registered a net change of -23.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0335 was down 41.15% compared to the 2022 peak of 0.0569, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 167 CRC
2022 Average 241 CRC
Yearly Trough Low 124 CRC
Transaction Impact: A difference of 43.60 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0333
0.0243
JanuMarcMayJulySeptNove

SLL 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 0.0311, compared to 0.0261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.0311
H2 Avg (Jul–Dec) 0.0261

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0054 CRC (High: 0.0310 / Low: 0.0257). On the other end, October was the most stable month, with a tight range of 0.0003 CRC (High: 0.0256 / Low: 0.0253).

July Spread (Volatile) ±0.0054
October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0043 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0325) against the same month in 2022 (average: 0.0563), the exchange rate shifted by -0.0238 (-42.20%).

2023 Avg (January) 0.0325
2022 Avg (January) 0.0563

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0335 0.0313 0.0325
February 0.0329 0.0312 0.0320
March 0.0317 0.0303 0.0309
April 0.0307 0.0300 0.0303
May 0.0308 0.0302 0.0304
June 0.0307 0.0304 0.0306
July 0.0310 0.0257 0.0300
August 0.0260 0.0254 0.0257
September 0.0257 0.0252 0.0255
October 0.0256 0.0253 0.0254
November 0.0255 0.0251 0.0253
December 0.0253 0.0248 0.0250