2023 CRC to MVR Historical Review

YEARLY HIGH

0.0296 MVR

YEARLY LOW

0.0260 MVR

YEARLY AVERAGE

0.0284 MVR

2023 CRC to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0296. Conversely, the yearly low was recorded on January 2, dropping to 0.0260.

This high-to-low spread represents a total annual volatility of 0.0036 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0268 to the December average rate of 0.0293, the exchange rate registered a net change of 9.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0296 was up 11.86% compared to the 2022 peak of 0.0265, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 148 MVR

2022 Average 120 MVR

Yearly Trough Low 130 MVR

Transaction Impact: A difference of 18.07 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0295

0.0265

JanuMarcMayJulySeptNove

CRC to MVR 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 0.0280, compared to 0.0288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0280

H2 Avg (Jul–Dec) 0.0288

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0018 MVR (High: 0.0278 / Low: 0.0260). On the other end, June was the most stable month, with a tight range of 0.0004 MVR (High: 0.0286 / Low: 0.0282).

January Spread (Volatile) ±0.0018

June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0293) against the same month in 2022 (average: 0.0261), the exchange rate shifted by +0.0032 (+12.27%).

2023 Avg (December) 0.0293

2022 Avg (December) 0.0261

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0278	0.0260	0.0268
February	0.0279	0.0264	0.0272
March	0.0288	0.0274	0.0282
April	0.0290	0.0283	0.0287
May	0.0288	0.0282	0.0286
June	0.0286	0.0282	0.0284
July	0.0287	0.0281	0.0285
August	0.0289	0.0282	0.0286
September	0.0291	0.0286	0.0288
October	0.0291	0.0286	0.0289
November	0.0293	0.0287	0.0290
December	0.0296	0.0290	0.0293