YEARLY HIGH
0.6426 CRC
YEARLY LOW
0.4918 CRC
YEARLY AVERAGE
0.5662 CRC

2024 ARS to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6426. Conversely, the yearly low was recorded on December 21, dropping to 0.4918.

This high-to-low spread represents a total annual volatility of 0.1508 CRC. From a start-to-finish perspective, comparing the January average rate of 0.6323 to the December average rate of 0.4960, the exchange rate registered a net change of -21.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6426 was down 80.81% compared to the 2023 peak of 3.3482, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,213 CRC
2023 Average 10,408 CRC
Yearly Trough Low 2,459 CRC
Transaction Impact: A difference of 753.99 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6459
0.4824
JanuMarcMayJulySeptNove

ARS 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 0.5983, compared to 0.5340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0643 points.

H1 Avg (Jan–Jun) 0.5983
H2 Avg (Jul–Dec) 0.5340

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0236 CRC (High: 0.6426 / Low: 0.6190). On the other end, May was the most stable month, with a tight range of 0.0095 CRC (High: 0.5846 / Low: 0.5751).

January Spread (Volatile) ±0.0236
May Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0204 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0204

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6323) against the same month in 2023 (average: 3.1591), the exchange rate shifted by -2.5268 (-79.99%).

2024 Avg (January) 0.6323
2023 Avg (January) 3.1591

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6426 0.6190 0.6323
February 0.6289 0.6081 0.6183
March 0.6092 0.5860 0.5979
April 0.5907 0.5722 0.5809
May 0.5846 0.5751 0.5789
June 0.5916 0.5740 0.5816
July 0.5833 0.5657 0.5712
August 0.5662 0.5459 0.5578
September 0.5504 0.5348 0.5410
October 0.5365 0.5171 0.5272
November 0.5199 0.5021 0.5109
December 0.5020 0.4918 0.4960