YEARLY HIGH
2.5555 CRC
YEARLY LOW
2.3794 CRC
YEARLY AVERAGE
2.4642 CRC

2024 GYD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 2.5555. Conversely, the yearly low was recorded on April 4, dropping to 2.3794.

This high-to-low spread represents a total annual volatility of 0.1761 CRC. From a start-to-finish perspective, comparing the January average rate of 2.4703 to the December average rate of 2.4189, the exchange rate registered a net change of -2.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5555 was down 9.64% compared to the 2023 peak of 2.8281, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,777 CRC
2023 Average 12,885 CRC
Yearly Trough Low 11,897 CRC
Transaction Impact: A difference of 880.44 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5287
2.3979
JanuMarcMayJulySeptNove

GYD 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 2.4557, compared to 2.4726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0169 points.

H1 Avg (Jan–Jun) 2.4557
H2 Avg (Jul–Dec) 2.4726

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0704 CRC (High: 2.4559 / Low: 2.3855). On the other end, November was the most stable month, with a tight range of 0.0249 CRC (High: 2.4522 / Low: 2.4273).

March Spread (Volatile) ±0.0704
November Spread (Stable) ±0.0249

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 0.0350 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 2.5178) against the same month in 2023 (average: 2.5743), the exchange rate shifted by -0.0565 (-2.20%).

2024 Avg (July) 2.5178
2023 Avg (July) 2.5743

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4890 2.4407 2.4703
February 2.4842 2.4472 2.4641
March 2.4559 2.3855 2.4291
April 2.4321 2.3794 2.4088
May 2.4890 2.4375 2.4503
June 2.5432 2.4888 2.5117
July 2.5555 2.4925 2.5178
August 2.5314 2.4776 2.5099
September 2.5182 2.4719 2.4826
October 2.4864 2.4490 2.4664
November 2.4522 2.4273 2.4401
December 2.4347 2.3993 2.4189