YEARLY HIGH
0.4068 CRC
YEARLY LOW
0.3443 CRC
YEARLY AVERAGE
0.3783 CRC

2024 KRW to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.4068. Conversely, the yearly low was recorded on December 27, dropping to 0.3443.

This high-to-low spread represents a total annual volatility of 0.0626 CRC. From a start-to-finish perspective, comparing the January average rate of 0.3903 to the December average rate of 0.3512, the exchange rate registered a net change of -10.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4068 was down 14.46% compared to the 2023 peak of 0.4756, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,034,243 CRC
2023 Average 2,074,925 CRC
Yearly Trough Low 1,721,282 CRC
Transaction Impact: A difference of 312,960.53 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3945
0.3472
JanuMarcMayJulySeptNove

KRW 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 0.3805, compared to 0.3761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.3805
H2 Avg (Jul–Dec) 0.3761

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0243 CRC (High: 0.4068 / Low: 0.3825). On the other end, February was the most stable month, with a tight range of 0.0073 CRC (High: 0.3908 / Low: 0.3834).

January Spread (Volatile) ±0.0243
February Spread (Stable) ±0.0073

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 November and December, when the average rate fell by 0.0148 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3903) against the same month in 2023 (average: 0.4625), the exchange rate shifted by -0.0722 (-15.61%).

2024 Avg (January) 0.3903
2023 Avg (January) 0.4625

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4068 0.3825 0.3903
February 0.3908 0.3834 0.3871
March 0.3900 0.3723 0.3817
April 0.3765 0.3597 0.3680
May 0.3799 0.3703 0.3759
June 0.3871 0.3751 0.3804
July 0.3871 0.3773 0.3809
August 0.3978 0.3811 0.3886
September 0.3961 0.3862 0.3906
October 0.3905 0.3709 0.3791
November 0.3738 0.3626 0.3660
December 0.3635 0.3443 0.3512