YEARLY HIGH
0.7964 CRC
YEARLY LOW
0.7600 CRC
YEARLY AVERAGE
0.7773 CRC

2021 MWK to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MWK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.7964. Conversely, the yearly low was recorded on August 7, dropping to 0.7600.

This high-to-low spread represents a total annual volatility of 0.0364 CRC. From a start-to-finish perspective, comparing the January average rate of 0.7918 to the December average rate of 0.7819, the exchange rate registered a net change of -1.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7964 was down 1.62% compared to the 2020 peak of 0.8095, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,982 CRC
2020 Average 3,926 CRC
Yearly Trough Low 3,800 CRC
Transaction Impact: A difference of 182.06 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7946
0.7615
JanuMarcMayJulySeptNove

MWK 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 0.7821, compared to 0.7725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.7821
H2 Avg (Jul–Dec) 0.7725

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0237 CRC (High: 0.7924 / Low: 0.7688). On the other end, September was the most stable month, with a tight range of 0.0065 CRC (High: 0.7716 / Low: 0.7652).

December Spread (Volatile) ±0.0237
September Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between August and November, 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 June and July, when the average rate fell by 0.0071 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.7918) against the same month in 2020 (average: 0.7720), the exchange rate shifted by +0.0199 (+2.58%).

2021 Avg (January) 0.7918
2020 Avg (January) 0.7720

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7964 0.7878 0.7918
February 0.7953 0.7826 0.7867
March 0.7859 0.7767 0.7816
April 0.7823 0.7757 0.7799
May 0.7846 0.7709 0.7778
June 0.7816 0.7692 0.7745
July 0.7766 0.7624 0.7674
August 0.7671 0.7600 0.7643
September 0.7716 0.7652 0.7680
October 0.7823 0.7661 0.7694
November 0.7885 0.7689 0.7840
December 0.7924 0.7688 0.7819