YEARLY HIGH
145.6636 CRC
YEARLY LOW
135.6275 CRC
YEARLY AVERAGE
140.3690 CRC

2024 AED to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 145.6636. Conversely, the yearly low was recorded on April 4, dropping to 135.6275.

This high-to-low spread represents a total annual volatility of 10.0362 CRC. From a start-to-finish perspective, comparing the January average rate of 140.7535 to the December average rate of 137.7179, the exchange rate registered a net change of -2.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 145.6636 was down 9.59% compared to the 2023 peak of 161.1190, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 728,318 CRC
2023 Average 737,232 CRC
Yearly Trough Low 678,137 CRC
Transaction Impact: A difference of 50,180.77 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

143.9812
136.6366
JanuMarcMayJulySeptNove

AED 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 139.9182, compared to 140.8198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9015 points.

H1 Avg (Jan–Jun) 139.9182
H2 Avg (Jul–Dec) 140.8198

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 3.7697 CRC (High: 145.6636 / Low: 141.8939). On the other end, November was the most stable month, with a tight range of 2.0193 CRC (High: 140.0454 / Low: 138.0260).

July Spread (Volatile) ±3.7697
November Spread (Stable) ±2.0193

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 1.9566 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.9566

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 143.3691) against the same month in 2023 (average: 147.0641), the exchange rate shifted by -3.6949 (-2.51%).

2024 Avg (July) 143.3691
2023 Avg (July) 147.0641

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 141.8689 139.0671 140.7535
February 141.5283 139.3812 140.4172
March 140.0150 136.7910 138.4606
April 138.6819 135.6275 137.2487
May 141.8299 138.6105 139.5606
June 144.8436 141.7517 143.0690
July 145.6636 141.8939 143.3691
August 144.2303 140.7565 142.8438
September 143.3913 140.7658 141.4305
October 141.7992 139.4297 140.5597
November 140.0454 138.0260 138.9977
December 138.6204 136.4739 137.7179