2023 MWK to CRC Historical Review

YEARLY HIGH

0.5781 CRC

YEARLY LOW

0.3086 CRC

YEARLY AVERAGE

0.4905 CRC

2023 MWK to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.5781. Conversely, the yearly low was recorded on December 29, dropping to 0.3086.

This high-to-low spread represents a total annual volatility of 0.2695 CRC. From a start-to-finish perspective, comparing the January average rate of 0.5617 to the December average rate of 0.3118, the exchange rate registered a net change of -44.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5781 was down 31.03% compared to the 2022 peak of 0.8381, 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 2,890 CRC

2022 Average 3,505 CRC

Yearly Trough Low 1,543 CRC

Transaction Impact: A difference of 1,347.26 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5867

0.2868

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 0.5363, compared to 0.4446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0917 points.

H1 Avg (Jan–Jun) 0.5363

H2 Avg (Jul–Dec) 0.4446

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.1637 CRC (High: 0.4783 / Low: 0.3146). On the other end, December was the most stable month, with a tight range of 0.0057 CRC (High: 0.3144 / Low: 0.3086).

November Spread (Volatile) ±0.1637

December Spread (Stable) ±0.0057

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 October and November, when the average rate fell by 0.0799 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0799

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5617) against the same month in 2022 (average: 0.7828), the exchange rate shifted by -0.2211 (-28.24%).

2023 Avg (January) 0.5617

2022 Avg (January) 0.7828

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5781	0.5377	0.5617
February	0.5673	0.5370	0.5507
March	0.5489	0.5171	0.5315
April	0.5289	0.5174	0.5229
May	0.5315	0.5187	0.5242
June	0.5334	0.5153	0.5270
July	0.5209	0.5084	0.5138
August	0.5186	0.4915	0.5006
September	0.5103	0.4773	0.4939
October	0.4949	0.4579	0.4637
November	0.4783	0.3146	0.3838
December	0.3144	0.3086	0.3118