YEARLY HIGH
754.9351 CRC
YEARLY LOW
702.6798 CRC
YEARLY AVERAGE
727.2447 CRC

2024 JOD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 754.9351. Conversely, the yearly low was recorded on April 4, dropping to 702.6798.

This high-to-low spread represents a total annual volatility of 52.2553 CRC. From a start-to-finish perspective, comparing the January average rate of 728.7202 to the December average rate of 713.2153, the exchange rate registered a net change of -2.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 754.9351 was down 9.51% compared to the 2023 peak of 834.2454, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,774,676 CRC
2023 Average 3,817,845 CRC
Yearly Trough Low 3,513,399 CRC
Transaction Impact: A difference of 261,276.32 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

746.2152
707.9524
JanuMarcMayJulySeptNove

JOD 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 724.8427, compared to 729.6467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.8040 points.

H1 Avg (Jan–Jun) 724.8427
H2 Avg (Jul–Dec) 729.6467

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 19.5415 CRC (High: 754.9351 / Low: 735.3936). On the other end, November was the most stable month, with a tight range of 10.4578 CRC (High: 725.4045 / Low: 714.9467).

July Spread (Volatile) ±19.5415
November Spread (Stable) ±10.4578

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 10.0133 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -10.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 743.0266) against the same month in 2023 (average: 761.6524), the exchange rate shifted by -18.6257 (-2.45%).

2024 Avg (July) 743.0266
2023 Avg (July) 761.6524

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 734.5223 720.1372 728.7202
February 732.9732 721.8657 727.3314
March 725.3338 708.6155 717.3181
April 718.7352 702.6798 711.1410
May 734.8423 718.1744 723.1547
June 750.5757 734.4534 741.3907
July 754.9351 735.3936 743.0266
August 747.4010 729.4988 740.3014
September 743.1583 729.5432 733.0235
October 735.1141 722.1170 728.3947
November 725.4045 714.9467 719.9187
December 717.9252 706.9092 713.2153