YEARLY HIGH
2.8535 CRC
YEARLY LOW
2.5830 CRC
YEARLY AVERAGE
2.6948 CRC

2024 LRD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 2.8535. Conversely, the yearly low was recorded on April 4, dropping to 2.5830.

This high-to-low spread represents a total annual volatility of 0.2705 CRC. From a start-to-finish perspective, comparing the January average rate of 2.7334 to the December average rate of 2.8013, the exchange rate registered a net change of 2.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8535 was down 25.50% compared to the 2023 peak of 3.8300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,267 CRC
2023 Average 15,608 CRC
Yearly Trough Low 12,915 CRC
Transaction Impact: A difference of 1,352.53 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8199
2.5966
JanuMarcMayJulySeptNove

LRD 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 2.6758, compared to 2.7137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0379 points.

H1 Avg (Jan–Jun) 2.6758
H2 Avg (Jul–Dec) 2.7137

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1843 CRC (High: 2.8535 / Low: 2.6692). On the other end, October was the most stable month, with a tight range of 0.0278 CRC (High: 2.6942 / Low: 2.6663).

November Spread (Volatile) ±0.1843
October Spread (Stable) ±0.0278

Growth Streaks & Declines

Trends

Between September and December, 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 0.0652 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0652

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 2.7608) against the same month in 2023 (average: 2.8245), the exchange rate shifted by -0.0637 (-2.25%).

2024 Avg (November) 2.7608
2023 Avg (November) 2.8245

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7644 2.6912 2.7334
February 2.7348 2.6734 2.7077
March 2.6784 2.6068 2.6425
April 2.6628 2.5830 2.6152
May 2.6860 2.6311 2.6483
June 2.7430 2.6852 2.7076
July 2.7503 2.6749 2.7017
August 2.7125 2.6329 2.6830
September 2.7011 2.5943 2.6563
October 2.6942 2.6663 2.6792
November 2.8535 2.6692 2.7608
December 2.8377 2.7669 2.8013