YEARLY HIGH
699.8681 CRC
YEARLY LOW
618.6827 CRC
YEARLY AVERAGE
658.9960 CRC

2024 FKP to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 699.8681. Conversely, the yearly low was recorded on April 22, dropping to 618.6827.

This high-to-low spread represents a total annual volatility of 81.1854 CRC. From a start-to-finish perspective, comparing the January average rate of 656.9801 to the December average rate of 639.0960, the exchange rate registered a net change of -2.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 699.8681 was down 2.58% compared to the 2023 peak of 718.4038, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,499,340 CRC
2023 Average 3,367,339 CRC
Yearly Trough Low 3,093,413 CRC
Transaction Impact: A difference of 405,926.98 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

692.3786
624.9622
JanuMarcMayJulySeptNove

FKP 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 650.1199, compared to 667.8721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.7522 points.

H1 Avg (Jan–Jun) 650.1199
H2 Avg (Jul–Dec) 667.8721

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 36.5661 CRC (High: 699.8681 / Low: 663.3019). On the other end, February was the most stable month, with a tight range of 9.9284 CRC (High: 656.6941 / Low: 646.7656).

August Spread (Volatile) ±36.5661
February Spread (Stable) ±9.9284

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 22.6163 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -22.6163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 679.2421) against the same month in 2023 (average: 683.5795), the exchange rate shifted by -4.3373 (-0.63%).

2024 Avg (August) 679.2421
2023 Avg (August) 683.5795

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 665.5704 649.1190 656.9801
February 656.6941 646.7656 651.4486
March 657.4238 634.2518 646.2252
April 644.3902 618.6827 630.5802
May 663.3613 639.1930 647.7575
June 678.3341 659.9439 667.7279
July 685.9764 663.5319 677.7124
August 699.8681 663.3019 679.2421
September 697.8011 678.0084 686.7606
October 687.5231 660.5163 673.5189
November 667.0439 638.0996 650.9026
December 647.3700 628.6092 639.0960