2024 MVR to CRC Historical Review

YEARLY HIGH

35.3118 CRC

YEARLY LOW

32.2414 CRC

YEARLY AVERAGE

33.4737 CRC

2024 MVR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 35.3118. Conversely, the yearly low was recorded on April 4, dropping to 32.2414.

This high-to-low spread represents a total annual volatility of 3.0703 CRC. From a start-to-finish perspective, comparing the January average rate of 33.5669 to the December average rate of 32.8287, the exchange rate registered a net change of -2.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 35.3118 was down 8.10% compared to the 2023 peak of 38.4248, 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 176,559 CRC

2023 Average 176,160 CRC

Yearly Trough Low 161,207 CRC

Transaction Impact: A difference of 15,351.75 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

34.3632

32.4592

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 33.3346, compared to 33.6128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2782 points.

H1 Avg (Jan–Jun) 33.3346

H2 Avg (Jul–Dec) 33.6128

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 2.3807 CRC (High: 35.3118 / Low: 32.9310). On the other end, December was the most stable month, with a tight range of 0.5119 CRC (High: 33.0619 / Low: 32.5500).

May Spread (Volatile) ±2.3807

December Spread (Stable) ±0.5119

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 0.5537 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5537

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 33.2392) against the same month in 2023 (average: 35.0252), the exchange rate shifted by -1.7860 (-5.10%).

2024 Avg (May) 33.2392

2023 Avg (May) 35.0252

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.8357	33.1684	33.5669
February	33.7548	33.2071	33.5016
March	33.3936	32.5138	32.9478
April	32.9475	32.2414	32.6178
May	35.3118	32.9310	33.2392
June	34.5460	33.6993	34.1343
July	34.6069	33.7111	34.2045
August	34.4352	33.5494	34.1143
September	34.2888	33.6606	33.8297
October	33.9302	33.3632	33.6245
November	33.4018	32.8029	33.0751
December	33.0619	32.5500	32.8287