YEARLY HIGH
0.5026 YER
YEARLY LOW
0.4680 YER
YEARLY AVERAGE
0.4856 YER

2024 CRC to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.5026. Conversely, the yearly low was recorded on July 9, dropping to 0.4680.

This high-to-low spread represents a total annual volatility of 0.0347 YER. From a start-to-finish perspective, comparing the January average rate of 0.4843 to the December average rate of 0.4944, the exchange rate registered a net change of 2.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5026 was up 4.36% compared to the 2023 peak of 0.4816, 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 2,513 YER
2023 Average 2,313 YER
Yearly Trough Low 2,340 YER
Transaction Impact: A difference of 173.30 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4989
0.4733
JanuMarcMayJulySeptNove

CRC to YER 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 0.4872, compared to 0.4839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.4872
H2 Avg (Jul–Dec) 0.4839

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0124 YER (High: 0.4804 / Low: 0.4680). On the other end, November was the most stable month, with a tight range of 0.0072 YER (High: 0.4928 / Low: 0.4857).

July Spread (Volatile) ±0.0124
November Spread (Stable) ±0.0072

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 May and June, when the average rate fell by 0.0117 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.4967) against the same month in 2023 (average: 0.4674), the exchange rate shifted by +0.0293 (+6.27%).

2024 Avg (April) 0.4967
2023 Avg (April) 0.4674

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4902 0.4803 0.4843
February 0.4889 0.4816 0.4853
March 0.4984 0.4869 0.4924
April 0.5026 0.4914 0.4967
May 0.4912 0.4807 0.4882
June 0.4809 0.4707 0.4765
July 0.4804 0.4680 0.4754
August 0.4843 0.4726 0.4772
September 0.4842 0.4753 0.4819
October 0.4888 0.4806 0.4849
November 0.4928 0.4857 0.4895
December 0.4995 0.4907 0.4944