YEARLY HIGH
0.2536 CRC
YEARLY LOW
0.1615 CRC
YEARLY AVERAGE
0.2436 CRC

2024 MMK to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.2536. Conversely, the yearly low was recorded on July 20, dropping to 0.1615.

This high-to-low spread represents a total annual volatility of 0.0921 CRC. From a start-to-finish perspective, comparing the January average rate of 0.2462 to the December average rate of 0.2411, the exchange rate registered a net change of -2.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2536 was down 10.00% compared to the 2023 peak of 0.2818, 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 1,268 CRC
2023 Average 1,290 CRC
Yearly Trough Low 807 CRC
Transaction Impact: A difference of 460.49 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2516
0.2334
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 0.2433, compared to 0.2439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.2433
H2 Avg (Jul–Dec) 0.2439

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0913 CRC (High: 0.2527 / Low: 0.1615). On the other end, November was the most stable month, with a tight range of 0.0035 CRC (High: 0.2452 / Low: 0.2416).

July Spread (Volatile) ±0.0913
November Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0062 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.2411) against the same month in 2023 (average: 0.2572), the exchange rate shifted by -0.0160 (-6.23%).

2024 Avg (June) 0.2411
2023 Avg (June) 0.2572

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2481 0.2433 0.2462
February 0.2475 0.2438 0.2456
March 0.2448 0.2393 0.2423
April 0.2424 0.2373 0.2401
May 0.2481 0.2430 0.2442
June 0.2536 0.2107 0.2411
July 0.2527 0.1615 0.2350
August 0.2525 0.2464 0.2501
September 0.2510 0.2464 0.2476
October 0.2482 0.2441 0.2461
November 0.2452 0.2416 0.2433
December 0.2427 0.2389 0.2411