2024 CRC to CNY Historical Review

YEARLY HIGH

0.0145 CNY

YEARLY LOW

0.0134 CNY

YEARLY AVERAGE

0.0139 CNY

2024 CRC to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.0145. Conversely, the yearly low was recorded on June 9, dropping to 0.0134.

This high-to-low spread represents a total annual volatility of 0.0012 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0138 to the December average rate of 0.0144, the exchange rate registered a net change of 4.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0145 was up 5.17% compared to the 2023 peak of 0.0138, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 73 CNY

2023 Average 65 CNY

Yearly Trough Low 67 CNY

Transaction Impact: A difference of 5.83 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0145

0.0135

JanuMarcMayJulySeptNove

CRC to CNY 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 0.0140, compared to 0.0139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0140

H2 Avg (Jul–Dec) 0.0139

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0006 CNY (High: 0.0145 / Low: 0.0139). On the other end, December was the most stable month, with a tight range of 0.0002 CNY (High: 0.0145 / Low: 0.0143).

April Spread (Volatile) ±0.0006

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0143) against the same month in 2023 (average: 0.0129), the exchange rate shifted by +0.0015 (+11.53%).

2024 Avg (April) 0.0143

2023 Avg (April) 0.0129

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0140	0.0136	0.0138
February	0.0140	0.0137	0.0139
March	0.0144	0.0140	0.0142
April	0.0145	0.0139	0.0143
May	0.0142	0.0136	0.0140
June	0.0139	0.0134	0.0137
July	0.0139	0.0136	0.0138
August	0.0139	0.0135	0.0136
September	0.0138	0.0135	0.0136
October	0.0139	0.0135	0.0137
November	0.0143	0.0138	0.0141
December	0.0145	0.0143	0.0144