2024 CNY to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CNY to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CNY to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 74.8569. Conversely, the yearly low was recorded on April 4, dropping to 68.8510.
This high-to-low spread represents a total annual volatility of 6.0060 CRC. From a start-to-finish perspective, comparing the January average rate of 72.7052 to the December average rate of 69.4690, the exchange rate registered a net change of -4.45% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 74.8569 was down 14.02% compared to the 2023 peak of 87.0640, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CNY 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 71.5855, compared to 72.0946 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5091 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 3.0233 CRC (High: 74.8569 / Low: 71.8336). On the other end, December was the most stable month, with a tight range of 1.1742 CRC (High: 70.0460 / Low: 68.8718).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.9705 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 72.8260) against the same month in 2023 (average: 75.4761), the exchange rate shifted by -2.6501 (-3.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 73.6059 | 71.5119 | 72.7052 |
| February | 72.9824 | 71.2563 | 72.0562 |
| March | 71.5033 | 69.5633 | 70.6603 |
| April | 71.7428 | 68.8510 | 69.7335 |
| May | 73.3446 | 70.4236 | 71.5316 |
| June | 74.8569 | 71.8336 | 72.8260 |
| July | 73.5817 | 71.8820 | 72.5676 |
| August | 74.1803 | 72.0943 | 73.4192 |
| September | 74.2331 | 72.6036 | 73.4316 |
| October | 74.2079 | 71.9318 | 72.8253 |
| November | 72.3422 | 70.0460 | 70.8548 |
| December | 70.0460 | 68.8718 | 69.4690 |