YEARLY HIGH
3.6976 CRC
YEARLY LOW
3.1787 CRC
YEARLY AVERAGE
3.4075 CRC

2024 JPY to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 3.6976. Conversely, the yearly low was recorded on April 27, dropping to 3.1787.

This high-to-low spread represents a total annual volatility of 0.5189 CRC. From a start-to-finish perspective, comparing the January average rate of 3.5377 to the December average rate of 3.2852, the exchange rate registered a net change of -7.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.6976 was down 18.32% compared to the 2023 peak of 4.5269, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 1,848,807 CRC
2023 Average 1,933,054 CRC
Yearly Trough Low 1,589,371 CRC
Transaction Impact: A difference of 259,436.35 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.6673
3.2370
JanuMarcMayJulySeptNove

JPY 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 3.3783, compared to 3.4368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0586 points.

H1 Avg (Jan–Jun) 3.3783
H2 Avg (Jul–Dec) 3.4368

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.2887 CRC (High: 3.5375 / Low: 3.2489). On the other end, May was the most stable month, with a tight range of 0.0751 CRC (High: 3.3380 / Low: 3.2629).

July Spread (Volatile) ±0.2887
May Spread (Stable) ±0.0751

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 September and October, when the average rate fell by 0.1868 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1868

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 3.6314) against the same month in 2023 (average: 3.6235), the exchange rate shifted by +0.0080 (+0.22%).

2024 Avg (September) 3.6314
2023 Avg (September) 3.6235

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.6922 3.4516 3.5377
February 3.5035 3.4063 3.4472
March 3.4857 3.3160 3.3960
April 3.3541 3.1787 3.2728
May 3.3380 3.2629 3.2917
June 3.4161 3.2497 3.3241
July 3.5375 3.2489 3.3437
August 3.6674 3.5000 3.5883
September 3.6976 3.5373 3.6314
October 3.6032 3.3462 3.4446
November 3.3957 3.2634 3.3277
December 3.3962 3.1905 3.2852