2024 CRC to MXN Historical Review

YEARLY HIGH

0.0410 MXN

YEARLY LOW

0.0322 MXN

YEARLY AVERAGE

0.0355 MXN

2024 CRC to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0410. Conversely, the yearly low was recorded on April 8, dropping to 0.0322.

This high-to-low spread represents a total annual volatility of 0.0088 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0330 to the December average rate of 0.0400, the exchange rate registered a net change of 21.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0410 was up 16.03% compared to the 2023 peak of 0.0353, 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 205 MXN

2023 Average 164 MXN

Yearly Trough Low 161 MXN

Transaction Impact: A difference of 44.07 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0408

0.0320

JanuMarcMayJulySeptNove

CRC to MXN 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 0.0333, compared to 0.0378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0333

H2 Avg (Jul–Dec) 0.0378

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0028 MXN (High: 0.0354 / Low: 0.0326). On the other end, February was the most stable month, with a tight range of 0.0004 MXN (High: 0.0334 / Low: 0.0329).

June Spread (Volatile) ±0.0028

February Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0400) against the same month in 2023 (average: 0.0327), the exchange rate shifted by +0.0074 (+22.49%).

2024 Avg (December) 0.0400

2023 Avg (December) 0.0327

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0337	0.0324	0.0330
February	0.0334	0.0329	0.0331
March	0.0333	0.0326	0.0330
April	0.0342	0.0322	0.0334
May	0.0333	0.0323	0.0328
June	0.0354	0.0326	0.0346
July	0.0355	0.0334	0.0344
August	0.0381	0.0353	0.0365
September	0.0386	0.0369	0.0377
October	0.0393	0.0370	0.0381
November	0.0406	0.0388	0.0398
December	0.0410	0.0397	0.0400