2024 COP to CRC Historical Review

YEARLY HIGH

0.1375 CRC

YEARLY LOW

0.1132 CRC

YEARLY AVERAGE

0.1269 CRC

2024 COP to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.1375. Conversely, the yearly low was recorded on November 15, dropping to 0.1132.

This high-to-low spread represents a total annual volatility of 0.0243 CRC. From a start-to-finish perspective, comparing the January average rate of 0.1319 to the December average rate of 0.1152, the exchange rate registered a net change of -12.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1375 was down 1.22% compared to the 2023 peak of 0.1392, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 687,496 CRC

2023 Average 628,875 CRC

Yearly Trough Low 565,969 CRC

Transaction Impact: A difference of 121,527.07 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1344

0.1134

JanuMarcMayJulySeptNove

COP 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 0.1311, compared to 0.1227 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 0.1311

H2 Avg (Jul–Dec) 0.1227

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0123 CRC (High: 0.1375 / Low: 0.1252). On the other end, March was the most stable month, with a tight range of 0.0025 CRC (High: 0.1316 / Low: 0.1291).

June Spread (Volatile) ±0.0123

March Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between March and May, 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 0.0054 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.1297) against the same month in 2023 (average: 0.1286), the exchange rate shifted by +0.0011 (+0.88%).

2024 Avg (June) 0.1297

2023 Avg (June) 0.1286

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1340	0.1296	0.1319
February	0.1328	0.1296	0.1313
March	0.1316	0.1291	0.1305
April	0.1351	0.1267	0.1305
May	0.1350	0.1307	0.1327
June	0.1375	0.1252	0.1297
July	0.1332	0.1268	0.1304
August	0.1315	0.1257	0.1294
September	0.1261	0.1218	0.1242
October	0.1253	0.1161	0.1213
November	0.1187	0.1132	0.1159
December	0.1172	0.1137	0.1152