2024 MGA to CRC Historical Review

YEARLY HIGH

0.1193 CRC

YEARLY LOW

0.1065 CRC

YEARLY AVERAGE

0.1137 CRC

2024 MGA to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 0.1193. Conversely, the yearly low was recorded on December 15, dropping to 0.1065.

This high-to-low spread represents a total annual volatility of 0.0128 CRC. From a start-to-finish perspective, comparing the January average rate of 0.1133 to the December average rate of 0.1076, the exchange rate registered a net change of -4.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1193 was down 11.59% compared to the 2023 peak of 0.1350, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 597 CRC

2023 Average 609 CRC

Yearly Trough Low 533 CRC

Transaction Impact: A difference of 63.92 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1185

0.1066

JanuMarcMayJulySeptNove

MGA 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 0.1148, compared to 0.1127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1148

H2 Avg (Jul–Dec) 0.1127

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0039 CRC (High: 0.1168 / Low: 0.1128). On the other end, January was the most stable month, with a tight range of 0.0014 CRC (High: 0.1141 / Low: 0.1127).

April Spread (Volatile) ±0.0039

January Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and June, 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 October and November, when the average rate fell by 0.0027 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.1169) against the same month in 2023 (average: 0.1200), the exchange rate shifted by -0.0031 (-2.62%).

2024 Avg (July) 0.1169

2023 Avg (July) 0.1200

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1141	0.1127	0.1133
February	0.1142	0.1128	0.1136
March	0.1160	0.1122	0.1138
April	0.1168	0.1128	0.1147
May	0.1173	0.1148	0.1156
June	0.1193	0.1154	0.1175
July	0.1193	0.1159	0.1169
August	0.1164	0.1129	0.1149
September	0.1161	0.1133	0.1144
October	0.1142	0.1111	0.1125
November	0.1113	0.1083	0.1098
December	0.1091	0.1065	0.1076