YEARLY HIGH
0.4642 CRC
YEARLY LOW
0.3185 CRC
YEARLY AVERAGE
0.3898 CRC

2021 MMK to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.4642. Conversely, the yearly low was recorded on October 6, dropping to 0.3185.

This high-to-low spread represents a total annual volatility of 0.1457 CRC. From a start-to-finish perspective, comparing the January average rate of 0.4601 to the December average rate of 0.3580, the exchange rate registered a net change of -22.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4642 was down 2.34% compared to the 2020 peak of 0.4753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,321 CRC
2020 Average 2,129 CRC
Yearly Trough Low 1,592 CRC
Transaction Impact: A difference of 728.45 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4728
0.3200
JanuMarcMayJulySeptNove

MMK 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 0.4201, compared to 0.3595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0606 points.

H1 Avg (Jan–Jun) 0.4201
H2 Avg (Jul–Dec) 0.3595

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0454 CRC (High: 0.3793 / Low: 0.3339). On the other end, July was the most stable month, with a tight range of 0.0012 CRC (High: 0.3772 / Low: 0.3761).

September Spread (Volatile) ±0.0454
July Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between June and August, 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 April and May, when the average rate fell by 0.0407 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0407

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.4601) against the same month in 2020 (average: 0.3870), the exchange rate shifted by +0.0730 (+18.87%).

2021 Avg (January) 0.4601
2020 Avg (January) 0.3870

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4642 0.4567 0.4601
February 0.4622 0.4323 0.4369
March 0.4356 0.4331 0.4339
April 0.4360 0.3945 0.4271
May 0.3966 0.3733 0.3863
June 0.3766 0.3752 0.3761
July 0.3772 0.3761 0.3767
August 0.3784 0.3765 0.3772
September 0.3793 0.3339 0.3544
October 0.3553 0.3185 0.3327
November 0.3631 0.3502 0.3577
December 0.3615 0.3509 0.3580