2024 BRL to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BRL to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BRL to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 107.3418. Conversely, the yearly low was recorded on December 25, dropping to 75.2817.
This high-to-low spread represents a total annual volatility of 32.0601 CRC. From a start-to-finish perspective, comparing the January average rate of 105.3260 to the December average rate of 82.6549, the exchange rate registered a net change of -21.52% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 107.3418 was down 6.16% compared to the 2023 peak of 114.3890, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BRL to CRC Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 101.1310, compared to 90.9645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.1665 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 9.6280 CRC (High: 84.9097 / Low: 75.2817). On the other end, February was the most stable month, with a tight range of 1.6955 CRC (High: 104.6156 / Low: 102.9201).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 5.2977 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 105.3260) against the same month in 2023 (average: 110.7933), the exchange rate shifted by -5.4673 (-4.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 107.3418 | 103.0973 | 105.3260 |
| February | 104.6156 | 102.9201 | 103.8837 |
| March | 103.9669 | 100.1630 | 102.0335 |
| April | 101.4769 | 94.6851 | 98.3469 |
| May | 100.7889 | 98.1977 | 99.7878 |
| June | 100.3707 | 93.4981 | 97.4082 |
| July | 98.7399 | 92.4320 | 95.0644 |
| August | 97.0003 | 90.5523 | 94.4735 |
| September | 95.6887 | 91.5259 | 93.7803 |
| October | 95.4647 | 88.4378 | 91.8612 |
| November | 90.2984 | 84.8891 | 87.9525 |
| December | 84.9097 | 75.2817 | 82.6549 |