2023 SZL to CRC Historical Review

YEARLY HIGH

35.0068 CRC

YEARLY LOW

27.2360 CRC

YEARLY AVERAGE

29.4235 CRC

2023 SZL to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 35.0068. Conversely, the yearly low was recorded on May 30, dropping to 27.2360.

This high-to-low spread represents a total annual volatility of 7.7708 CRC. From a start-to-finish perspective, comparing the January average rate of 33.6111 to the December average rate of 28.1873, the exchange rate registered a net change of -16.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 35.0068 was down 22.85% compared to the 2022 peak of 45.3774, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 175,034 CRC

2022 Average 198,216 CRC

Yearly Trough Low 136,180 CRC

Transaction Impact: A difference of 38,854.08 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

34.1826

27.3253

JanuMarcMayJulySeptNove

SZL 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 30.2924, compared to 28.5546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7378 points.

H1 Avg (Jan–Jun) 30.2924

H2 Avg (Jul–Dec) 28.5546

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.3292 CRC (High: 35.0068 / Low: 31.6776). On the other end, September was the most stable month, with a tight range of 0.9518 CRC (High: 28.8051 / Low: 27.8533).

January Spread (Volatile) ±3.3292

September Spread (Stable) ±0.9518

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 2.0262 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.0262

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 33.6111) against the same month in 2022 (average: 41.2892), the exchange rate shifted by -7.6781 (-18.60%).

2023 Avg (January) 33.6111

2022 Avg (January) 41.2892

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.0068	31.6776	33.6111
February	32.8601	30.3325	31.5850
March	30.7769	29.0285	29.8966
April	30.4289	28.9284	29.5463
May	29.6270	27.2360	28.2463
June	29.7586	27.2742	28.8692
July	30.6699	28.4634	29.6605
August	30.2543	27.4572	28.6652
September	28.8051	27.8533	28.2570
October	28.3686	27.3419	27.8968
November	29.2257	27.9724	28.6611
December	28.9687	27.5291	28.1873