YEARLY HIGH
393.3950 CRC
YEARLY LOW
348.0169 CRC
YEARLY AVERAGE
376.3597 CRC

2024 CAD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 393.3950. Conversely, the yearly low was recorded on December 18, dropping to 348.0169.

This high-to-low spread represents a total annual volatility of 45.3781 CRC. From a start-to-finish perspective, comparing the January average rate of 385.2962 to the December average rate of 354.7131, the exchange rate registered a net change of -7.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 393.3950 was down 10.64% compared to the 2023 peak of 440.2163, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,966,975 CRC
2023 Average 2,006,011 CRC
Yearly Trough Low 1,740,085 CRC
Transaction Impact: A difference of 226,890.55 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

388.3545
351.6548
JanuMarcMayJulySeptNove

CAD 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 378.3241, compared to 374.3952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.9289 points.

H1 Avg (Jan–Jun) 378.3241
H2 Avg (Jul–Dec) 374.3952

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 18.9872 CRC (High: 392.6244 / Low: 373.6372). On the other end, June was the most stable month, with a tight range of 6.6624 CRC (High: 387.4378 / Low: 380.7754).

August Spread (Volatile) ±18.9872
June Spread (Stable) ±6.6624

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 November and December, when the average rate fell by 10.4118 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -10.4118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 385.2962) against the same month in 2023 (average: 428.2494), the exchange rate shifted by -42.9532 (-10.03%).

2024 Avg (January) 385.2962
2023 Avg (January) 428.2494

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 393.3950 379.7580 385.2962
February 385.8902 377.5049 382.1879
March 380.2782 369.8578 375.5471
April 374.4874 362.1893 368.4599
May 381.7626 371.5837 375.0493
June 387.4378 380.7754 383.4045
July 392.4668 381.4522 383.9551
August 392.6244 373.6372 383.9224
September 388.0407 380.4609 383.4248
October 383.8182 367.5083 375.2312
November 369.7840 361.1915 365.1249
December 361.9713 348.0169 354.7131