2023 MVR to CRC Historical Review

YEARLY HIGH

38.4248 CRC

YEARLY LOW

33.7398 CRC

YEARLY AVERAGE

35.2404 CRC

2023 MVR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 38.4248. Conversely, the yearly low was recorded on December 29, dropping to 33.7398.

This high-to-low spread represents a total annual volatility of 4.6850 CRC. From a start-to-finish perspective, comparing the January average rate of 37.3589 to the December average rate of 34.1628, the exchange rate registered a net change of -8.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 38.4248 was down 14.72% compared to the 2022 peak of 45.0591, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 192,124 CRC

2022 Average 209,171 CRC

Yearly Trough Low 168,699 CRC

Transaction Impact: A difference of 23,425.19 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

37.6785

33.8431

JanuMarcMayJulySeptNove

MVR 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 35.7914, compared to 34.6894 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1020 points.

H1 Avg (Jan–Jun) 35.7914

H2 Avg (Jul–Dec) 34.6894

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.4668 CRC (High: 38.4248 / Low: 35.9580). On the other end, October was the most stable month, with a tight range of 0.5015 CRC (High: 34.9040 / Low: 34.4025).

January Spread (Volatile) ±2.4668

October Spread (Stable) ±0.5015

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 1.3205 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.3205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 37.3589) against the same month in 2022 (average: 41.3523), the exchange rate shifted by -3.9934 (-9.66%).

2023 Avg (January) 37.3589

2022 Avg (January) 41.3523

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.4248	35.9580	37.3589
February	37.8762	35.9046	36.8087
March	36.4310	34.7670	35.4882
April	35.3629	34.5420	34.8747
May	35.4040	34.7176	35.0252
June	35.4621	34.9584	35.1925
July	35.6013	34.8538	35.1311
August	35.5214	34.6158	35.0117
September	35.0134	34.3671	34.7386
October	34.9040	34.4025	34.5656
November	34.8879	34.0999	34.5266
December	34.4768	33.7398	34.1628