2024 CAD to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |