2024 CRC to MVR Historical Review

YEARLY HIGH

0.0310 MVR

YEARLY LOW

0.0283 MVR

YEARLY AVERAGE

0.0299 MVR

2024 CRC to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.0310. Conversely, the yearly low was recorded on May 2, dropping to 0.0283.

This high-to-low spread represents a total annual volatility of 0.0027 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0298 to the December average rate of 0.0305, the exchange rate registered a net change of 2.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0310 was up 4.65% compared to the 2023 peak of 0.0296, 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 155 MVR

2023 Average 142 MVR

Yearly Trough Low 142 MVR

Transaction Impact: A difference of 13.48 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0308

0.0291

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 0.0300, compared to 0.0298 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) 0.0300

H2 Avg (Jul–Dec) 0.0298

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0020 MVR (High: 0.0304 / Low: 0.0283). On the other end, December was the most stable month, with a tight range of 0.0005 MVR (High: 0.0307 / Low: 0.0302).

May Spread (Volatile) ±0.0020

December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0008 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0307) against the same month in 2023 (average: 0.0287), the exchange rate shifted by +0.0020 (+6.92%).

2024 Avg (April) 0.0307

2023 Avg (April) 0.0287

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0301	0.0296	0.0298
February	0.0301	0.0296	0.0298
March	0.0308	0.0299	0.0304
April	0.0310	0.0304	0.0307
May	0.0304	0.0283	0.0301
June	0.0297	0.0289	0.0293
July	0.0297	0.0289	0.0292
August	0.0298	0.0290	0.0293
September	0.0297	0.0292	0.0296
October	0.0300	0.0295	0.0297
November	0.0305	0.0299	0.0302
December	0.0307	0.0302	0.0305