YEARLY HIGH
0.0347 CRC
YEARLY LOW
0.0056 CRC
YEARLY AVERAGE
0.0099 CRC

2024 LBP to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0347. Conversely, the yearly low was recorded on April 4, dropping to 0.0056.

This high-to-low spread represents a total annual volatility of 0.0291 CRC. From a start-to-finish perspective, comparing the January average rate of 0.0344 to the December average rate of 0.0057, the exchange rate registered a net change of -83.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0347 was down 91.13% compared to the 2023 peak of 0.3913, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 174 CRC
2023 Average 347 CRC
Yearly Trough Low 28 CRC
Transaction Impact: A difference of 145.75 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0373
0.0028
JanuMarcMayJulySeptNove

LBP 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 0.0140, compared to 0.0058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.0140
H2 Avg (Jul–Dec) 0.0058

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0289 CRC (High: 0.0346 / Low: 0.0057). On the other end, November was the most stable month, with a tight range of 0.0001 CRC (High: 0.0057 / Low: 0.0057).

February Spread (Volatile) ±0.0289
November Spread (Stable) ±0.0001

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 0.0208 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0344) against the same month in 2023 (average: 0.3791), the exchange rate shifted by -0.3448 (-90.93%).

2024 Avg (January) 0.0344
2023 Avg (January) 0.3791

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0347 0.0340 0.0344
February 0.0346 0.0057 0.0265
March 0.0057 0.0056 0.0057
April 0.0057 0.0056 0.0056
May 0.0058 0.0057 0.0057
June 0.0059 0.0058 0.0059
July 0.0060 0.0058 0.0059
August 0.0059 0.0058 0.0059
September 0.0059 0.0058 0.0058
October 0.0058 0.0057 0.0058
November 0.0057 0.0057 0.0057
December 0.0057 0.0056 0.0057