YEARLY HIGH
67.6265 CRC
YEARLY LOW
59.3011 CRC
YEARLY AVERAGE
61.9327 CRC

2023 SVC to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 67.6265. Conversely, the yearly low was recorded on December 28, dropping to 59.3011.

This high-to-low spread represents a total annual volatility of 8.3254 CRC. From a start-to-finish perspective, comparing the January average rate of 65.6842 to the December average rate of 59.9582, the exchange rate registered a net change of -8.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 67.6265 was down 14.41% compared to the 2022 peak of 79.0099, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 338,133 CRC
2022 Average 368,675 CRC
Yearly Trough Low 296,505 CRC
Transaction Impact: A difference of 41,627.10 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

66.2569
59.3856
JanuMarcMayJulySeptNove

SVC 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 62.8607, compared to 61.0046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8560 points.

H1 Avg (Jan–Jun) 62.8607
H2 Avg (Jul–Dec) 61.0046

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 4.5070 CRC (High: 67.6265 / Low: 63.1195). On the other end, November was the most stable month, with a tight range of 0.5021 CRC (High: 61.0405 / Low: 60.5384).

January Spread (Volatile) ±4.5070
November Spread (Stable) ±0.5021

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.1319 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.1319

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 65.6842) against the same month in 2022 (average: 73.0249), the exchange rate shifted by -7.3406 (-10.05%).

2023 Avg (January) 65.6842
2022 Avg (January) 73.0249

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 67.6265 63.1195 65.6842
February 66.5438 63.0322 64.5814
March 63.8982 61.6838 62.4495
April 61.9500 60.7082 61.2761
May 62.1077 61.0214 61.4523
June 62.0573 61.3701 61.7206
July 62.5764 61.1851 61.8072
August 62.2657 60.9248 61.5115
September 61.6163 60.5855 61.2211
October 61.2646 60.6039 60.8320
November 61.0405 60.5384 60.6979
December 60.4831 59.3011 59.9582