YEARLY HIGH
0.0259 CRC
YEARLY LOW
0.0232 CRC
YEARLY AVERAGE
0.0240 CRC

2023 STD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0259. Conversely, the yearly low was recorded on April 24, dropping to 0.0232.

This high-to-low spread represents a total annual volatility of 0.0027 CRC. From a start-to-finish perspective, comparing the January average rate of 0.0252 to the December average rate of 0.0236, the exchange rate registered a net change of -6.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0259 was down 17.61% compared to the 2022 peak of 0.0315, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 130 CRC
2022 Average 146 CRC
Yearly Trough Low 116 CRC
Transaction Impact: A difference of 13.40 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0254
0.0233
JanuMarcMayJulySeptNove

STD 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 0.0241, compared to 0.0239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0241
H2 Avg (Jul–Dec) 0.0239

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0017 CRC (High: 0.0259 / Low: 0.0242). On the other end, June was the most stable month, with a tight range of 0.0003 CRC (High: 0.0238 / Low: 0.0235).

January Spread (Volatile) ±0.0017
June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0252) against the same month in 2022 (average: 0.0302), the exchange rate shifted by -0.0050 (-16.63%).

2023 Avg (January) 0.0252
2022 Avg (January) 0.0302

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0259 0.0242 0.0252
February 0.0255 0.0242 0.0248
March 0.0245 0.0235 0.0239
April 0.0238 0.0232 0.0235
May 0.0238 0.0233 0.0235
June 0.0238 0.0235 0.0237
July 0.0243 0.0235 0.0237
August 0.0245 0.0239 0.0242
September 0.0242 0.0238 0.0240
October 0.0241 0.0238 0.0239
November 0.0240 0.0236 0.0238
December 0.0238 0.0233 0.0236