"It's also a rally where I have always done well," he added.
The Frenchman is not the only driver to have triumphed in Monte Carlo, however, with Francois Delecour, Sebastien Ogier, Mikko Hirvonen and Bryan Bouffier also having celebrated victories in the event.
New Citroen recruit Hirvonen, winner of the 2010 edition when it was part of the Intercontinental Rally Challenge circuit, admitted the unpredictable winter conditions that are a staple of the opening rally make it one of the toughest on the calendar.
"Monte Carlo has such a long tradition and the championship has to start from Monte Carlo but I have a kind of love and hate relationship with the rally," Hirvonen said.
"I mean I love it when I'm not there but, when you're up in the mountains with the wrong tyres doing icy downhill with the slick tyre, then I hate it.
"But it's a real challenge and I'm very happy to start the season over there and really excited to be in the Citroen," the Finn, a new teammate of Loeb, added.
The course includes 430km of timed sections over 18 stages, with drivers departing from Valence and passing through the Ardeche, Haute-Loire, Vercors and Alpes-Maritimes regions before arriving in Monaco on Monday.
The future of the sport was thrown into disarray when the International Automobile Federation (FIA) cancelled its contract with promoters North One Sport earlier in the month.
However, the Automobile Club de Monaco confirmed that Eurosport had agreed to step in and provide coverage for the season-opening event.
WHAT'S AHEAD
2012 championship calendar
January 17-22: Monte Carlo
February 9-12: Sweden
March 6-11: Mexico
March 29-April 1: Portugal
April 27-29: Argentina
May 25-27: Greece
June 22-24: New Zealand
August 2-5: Finland
August 24-26: Germany
September 13-16: Great Britain
October 4-7: France
October 18-21: Italy
- AAP