2023 MMK to CRC Historical Review

YEARLY HIGH

0.2818 CRC

YEARLY LOW

0.2471 CRC

YEARLY AVERAGE

0.2580 CRC

2023 MMK to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2818. Conversely, the yearly low was recorded on December 28, dropping to 0.2471.

This high-to-low spread represents a total annual volatility of 0.0347 CRC. From a start-to-finish perspective, comparing the January average rate of 0.2737 to the December average rate of 0.2498, the exchange rate registered a net change of -8.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2818 was down 24.54% compared to the 2022 peak of 0.3734, 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 1,409 CRC

2022 Average 1,684 CRC

Yearly Trough Low 1,235 CRC

Transaction Impact: A difference of 173.35 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2761

0.2474

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 0.2619, compared to 0.2542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.2619

H2 Avg (Jul–Dec) 0.2542

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0187 CRC (High: 0.2818 / Low: 0.2630). On the other end, November was the most stable month, with a tight range of 0.0021 CRC (High: 0.2543 / Low: 0.2523).

January Spread (Volatile) ±0.0187

November Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0089 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2737) against the same month in 2022 (average: 0.3594), the exchange rate shifted by -0.0857 (-23.84%).

2023 Avg (January) 0.2737

2022 Avg (January) 0.3594

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2818	0.2630	0.2737
February	0.2773	0.2626	0.2691
March	0.2662	0.2570	0.2602
April	0.2581	0.2529	0.2553
May	0.2588	0.2543	0.2561
June	0.2586	0.2557	0.2572
July	0.2607	0.2549	0.2575
August	0.2594	0.2538	0.2563
September	0.2567	0.2524	0.2551
October	0.2553	0.2525	0.2535
November	0.2543	0.2523	0.2529
December	0.2520	0.2471	0.2498