YEARLY HIGH
0.3097 CRC
YEARLY LOW
0.2869 CRC
YEARLY AVERAGE
0.2993 CRC

2024 MWK to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.3097. Conversely, the yearly low was recorded on April 4, dropping to 0.2869.

This high-to-low spread represents a total annual volatility of 0.0228 CRC. From a start-to-finish perspective, comparing the January average rate of 0.3072 to the December average rate of 0.2918, the exchange rate registered a net change of -5.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3097 was down 46.43% compared to the 2023 peak of 0.5781, 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 1,548 CRC
2023 Average 2,450 CRC
Yearly Trough Low 1,434 CRC
Transaction Impact: A difference of 113.81 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3089
0.2889
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 0.3004, compared to 0.2983 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.3004
H2 Avg (Jul–Dec) 0.2983

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0168 CRC (High: 0.3054 / Low: 0.2886). On the other end, November was the most stable month, with a tight range of 0.0037 CRC (High: 0.2959 / Low: 0.2922).

March Spread (Volatile) ±0.0168
November Spread (Stable) ±0.0037

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 March and April, when the average rate fell by 0.0088 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3072) against the same month in 2023 (average: 0.5617), the exchange rate shifted by -0.2545 (-45.31%).

2024 Avg (January) 0.3072
2023 Avg (January) 0.5617

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3097 0.3035 0.3072
February 0.3091 0.3041 0.3064
March 0.3054 0.2886 0.2994
April 0.2936 0.2869 0.2906
May 0.3005 0.2932 0.2956
June 0.3066 0.3005 0.3031
July 0.3084 0.3013 0.3038
August 0.3056 0.2990 0.3029
September 0.3037 0.2972 0.2994
October 0.2997 0.2953 0.2975
November 0.2959 0.2922 0.2942
December 0.2938 0.2894 0.2918