YEARLY HIGH
2.9048 KRW
YEARLY LOW
2.4579 KRW
YEARLY AVERAGE
2.6461 KRW

2024 CRC to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2.9048. Conversely, the yearly low was recorded on January 1, dropping to 2.4579.

This high-to-low spread represents a total annual volatility of 0.4469 KRW. From a start-to-finish perspective, comparing the January average rate of 2.5626 to the December average rate of 2.8483, the exchange rate registered a net change of 11.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9048 was up 13.47% compared to the 2023 peak of 2.5599, 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 14,524 KRW
2023 Average 12,074 KRW
Yearly Trough Low 12,290 KRW
Transaction Impact: A difference of 2,234.47 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8771
2.5317
JanuMarcMayJulySeptNove

CRC to KRW 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 2.6291, compared to 2.6630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0339 points.

H1 Avg (Jan–Jun) 2.6291
H2 Avg (Jul–Dec) 2.6630

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1561 KRW (High: 2.6140 / Low: 2.4579). On the other end, February was the most stable month, with a tight range of 0.0490 KRW (High: 2.6081 / Low: 2.5591).

January Spread (Volatile) ±0.1561
February Spread (Stable) ±0.0490

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 0.0573 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0573

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.8483) against the same month in 2023 (average: 2.4781), the exchange rate shifted by +0.3702 (+14.94%).

2024 Avg (December) 2.8483
2023 Avg (December) 2.4781

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6140 2.4579 2.5626
February 2.6081 2.5591 2.5837
March 2.6857 2.5639 2.6206
April 2.7802 2.6560 2.7180
May 2.7008 2.6322 2.6607
June 2.6660 2.5834 2.6292
July 2.6505 2.5836 2.6252
August 2.6237 2.5140 2.5734
September 2.5891 2.5249 2.5605
October 2.6961 2.5610 2.6382
November 2.7581 2.6755 2.7325
December 2.9048 2.7513 2.8483