YEARLY HIGH
590.1205 CRC
YEARLY LOW
520.9318 CRC
YEARLY AVERAGE
558.0026 CRC

2024 EUR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 590.1205. Conversely, the yearly low was recorded on December 18, dropping to 520.9318.

This high-to-low spread represents a total annual volatility of 69.1887 CRC. From a start-to-finish perspective, comparing the January average rate of 564.0487 to the December average rate of 529.7228, the exchange rate registered a net change of -6.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 590.1205 was down 6.84% compared to the 2023 peak of 633.4791, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,950,602 CRC
2023 Average 2,930,553 CRC
Yearly Trough Low 2,604,659 CRC
Transaction Impact: A difference of 345,943.49 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

583.2667
524.8552
JanuMarcMayJulySeptNove

EUR to CRC 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 555.6482, compared to 560.3570 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7087 points.

H1 Avg (Jan–Jun) 555.6482
H2 Avg (Jul–Dec) 560.3570

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 28.6697 CRC (High: 559.1932 / Low: 530.5235). On the other end, February was the most stable month, with a tight range of 8.0246 CRC (High: 561.3353 / Low: 553.3107).

November Spread (Volatile) ±28.6697
February Spread (Stable) ±8.0246

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 19.9552 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -19.9552

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 578.3990) against the same month in 2023 (average: 587.1952), the exchange rate shifted by -8.7961 (-1.50%).

2024 Avg (August) 578.3990
2023 Avg (August) 587.1952

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 575.0375 553.1311 564.0487
February 561.3353 553.3107 556.7229
March 560.0735 542.1966 552.8279
April 551.9662 531.6917 540.4404
May 565.4743 546.8529 554.3051
June 576.6287 557.7263 565.5445
July 579.2249 563.3936 571.5852
August 590.1205 563.3102 578.3990
September 582.9894 571.2539 577.1446
October 573.0763 555.4948 562.6227
November 559.1932 530.5235 542.6675
December 537.0836 520.9318 529.7228