2024 CRC to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CRC to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CRC to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 2.0335. Conversely, the yearly low was recorded on January 1, dropping to 1.5563.
This high-to-low spread represents a total annual volatility of 0.4772 ARS. From a start-to-finish perspective, comparing the January average rate of 1.5818 to the December average rate of 2.0162, the exchange rate registered a net change of 27.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 2.0335 was up 30.56% compared to the 2023 peak of 1.5576, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CRC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CRC to ARS 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 1.6734, compared to 1.8772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2037 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 0.0698 ARS (High: 1.9337 / Low: 1.8639). On the other end, May was the most stable month, with a tight range of 0.0283 ARS (High: 1.7390 / Low: 1.7106).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0079 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 2.0162) against the same month in 2023 (average: 1.2054), the exchange rate shifted by +0.8108 (+67.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.6156 | 1.5563 | 1.5818 |
| February | 1.6445 | 1.5901 | 1.6174 |
| March | 1.7063 | 1.6415 | 1.6727 |
| April | 1.7476 | 1.6929 | 1.7217 |
| May | 1.7390 | 1.7106 | 1.7274 |
| June | 1.7421 | 1.6903 | 1.7195 |
| July | 1.7678 | 1.7144 | 1.7509 |
| August | 1.8320 | 1.7663 | 1.7929 |
| September | 1.8699 | 1.8169 | 1.8487 |
| October | 1.9337 | 1.8639 | 1.8969 |
| November | 1.9918 | 1.9236 | 1.9574 |
| December | 2.0335 | 1.9919 | 2.0162 |