YEARLY HIGH
58.4090 CRC
YEARLY LOW
47.4701 CRC
YEARLY AVERAGE
50.2020 CRC

2023 TJS to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 58.4090. Conversely, the yearly low was recorded on December 29, dropping to 47.4701.

This high-to-low spread represents a total annual volatility of 10.9389 CRC. From a start-to-finish perspective, comparing the January average rate of 56.1763 to the December average rate of 48.0091, the exchange rate registered a net change of -14.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 58.4090 was down 17.47% compared to the 2022 peak of 70.7748, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 292,045 CRC
2022 Average 296,071 CRC
Yearly Trough Low 237,351 CRC
Transaction Impact: A difference of 54,694.54 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

56.9931
47.1923
JanuMarcMayJulySeptNove

TJS 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 51.6915, compared to 48.7124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9791 points.

H1 Avg (Jan–Jun) 51.6915
H2 Avg (Jul–Dec) 48.7124

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 6.4869 CRC (High: 55.8463 / Low: 49.3594). On the other end, November was the most stable month, with a tight range of 0.3637 CRC (High: 48.7335 / Low: 48.3698).

March Spread (Volatile) ±6.4869
November Spread (Stable) ±0.3637

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 March and April, when the average rate fell by 2.6893 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.6893

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 56.1763) against the same month in 2022 (average: 56.5710), the exchange rate shifted by -0.3946 (-0.70%).

2023 Avg (January) 56.1763
2022 Avg (January) 56.5710

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 58.4090 53.6761 56.1763
February 56.1288 51.9777 54.4120
March 55.8463 49.3594 51.7929
April 49.6177 48.6440 49.1037
May 49.7771 48.8680 49.2242
June 49.6969 49.1534 49.4401
July 50.0254 48.9448 49.4367
August 49.7297 48.5373 49.0395
September 49.0815 48.2566 48.7698
October 48.8012 48.3161 48.4951
November 48.7335 48.3698 48.5245
December 48.4405 47.4701 48.0091