2023 UAH to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 UAH to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the UAH to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 16.1008. Conversely, the yearly low was recorded on December 28, dropping to 13.6312.
This high-to-low spread represents a total annual volatility of 2.4695 CRC. From a start-to-finish perspective, comparing the January average rate of 15.6356 to the December average rate of 14.1226, the exchange rate registered a net change of -9.68% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 16.1008 was down 31.57% compared to the 2022 peak of 23.5302, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UAH based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
UAH to CRC Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.9223, compared to 14.5209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4015 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 1.0691 CRC (High: 16.1008 / Low: 15.0317). On the other end, June was the most stable month, with a tight range of 0.1620 CRC (High: 14.7038 / Low: 14.5417).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 0.5618 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 15.6356) against the same month in 2022 (average: 22.8313), the exchange rate shifted by -7.1957 (-31.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.1008 | 15.0317 | 15.6356 |
| February | 15.8436 | 14.9332 | 15.3550 |
| March | 15.1380 | 14.6151 | 14.8084 |
| April | 14.7501 | 14.3818 | 14.5476 |
| May | 14.7128 | 14.4572 | 14.5662 |
| June | 14.7038 | 14.5417 | 14.6213 |
| July | 14.8245 | 14.4959 | 14.6615 |
| August | 14.7518 | 14.4303 | 14.5788 |
| September | 14.6224 | 14.3539 | 14.5066 |
| October | 14.6697 | 14.4762 | 14.5714 |
| November | 14.8251 | 14.5585 | 14.6844 |
| December | 14.5116 | 13.6312 | 14.1226 |