YEARLY HIGH
0.0621 CRC
YEARLY LOW
0.0580 CRC
YEARLY AVERAGE
0.0599 CRC

2024 GNF to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 0.0621. Conversely, the yearly low was recorded on April 4, dropping to 0.0580.

This high-to-low spread represents a total annual volatility of 0.0041 CRC. From a start-to-finish perspective, comparing the January average rate of 0.0601 to the December average rate of 0.0586, the exchange rate registered a net change of -2.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0621 was down 9.55% compared to the 2023 peak of 0.0686, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 310 CRC
2023 Average 314 CRC
Yearly Trough Low 290 CRC
Transaction Impact: A difference of 20.63 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0614
0.0584
JanuMarcMayJulySeptNove

GNF 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 0.0598, compared to 0.0600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0598
H2 Avg (Jul–Dec) 0.0600

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0014 CRC (High: 0.0621 / Low: 0.0607). On the other end, November was the most stable month, with a tight range of 0.0006 CRC (High: 0.0595 / Low: 0.0589).

July Spread (Volatile) ±0.0014
November Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0612) against the same month in 2023 (average: 0.0628), the exchange rate shifted by -0.0016 (-2.53%).

2024 Avg (July) 0.0612
2023 Avg (July) 0.0628

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0607 0.0594 0.0601
February 0.0602 0.0595 0.0600
March 0.0598 0.0585 0.0592
April 0.0592 0.0580 0.0587
May 0.0606 0.0594 0.0597
June 0.0619 0.0606 0.0611
July 0.0621 0.0607 0.0612
August 0.0614 0.0600 0.0609
September 0.0609 0.0598 0.0601
October 0.0602 0.0594 0.0598
November 0.0595 0.0589 0.0592
December 0.0589 0.0581 0.0586