YEARLY HIGH
0.3734 CRC
YEARLY LOW
0.2766 CRC
YEARLY AVERAGE
0.3369 CRC

2022 MMK to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MMK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on June 24, valuing the pair at 0.3734. Conversely, the yearly low was recorded on December 28, dropping to 0.2766.

This high-to-low spread represents a total annual volatility of 0.0968 CRC. From a start-to-finish perspective, comparing the January average rate of 0.3594 to the December average rate of 0.2807, the exchange rate registered a net change of -21.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3734 was down 19.55% compared to the 2021 peak of 0.4642, 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 1,867 CRC
2021 Average 1,947 CRC
Yearly Trough Low 1,383 CRC
Transaction Impact: A difference of 484.21 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3791
0.2718
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 0.3623, compared to 0.3116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0507 points.

H1 Avg (Jan–Jun) 0.3623
H2 Avg (Jul–Dec) 0.3116

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0603 CRC (High: 0.3610 / Low: 0.3007). On the other end, February was the most stable month, with a tight range of 0.0028 CRC (High: 0.3622 / Low: 0.3594).

August Spread (Volatile) ±0.0603
February Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.0396 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0396

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 0.3702) against the same month in 2021 (average: 0.3761), the exchange rate shifted by -0.0059 (-1.57%).

2022 Avg (June) 0.3702
2021 Avg (June) 0.3761

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3612 0.3566 0.3594
February 0.3622 0.3594 0.3608
March 0.3686 0.3597 0.3640
April 0.3732 0.3520 0.3580
May 0.3649 0.3568 0.3614
June 0.3734 0.3638 0.3702
July 0.3711 0.3612 0.3675
August 0.3610 0.3007 0.3279
September 0.3137 0.2982 0.3051
October 0.3022 0.2922 0.2971
November 0.2967 0.2842 0.2911
December 0.2871 0.2766 0.2807