2024 MDL to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MDL to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MDL to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 30.3841. Conversely, the yearly low was recorded on December 22, dropping to 27.3776.
This high-to-low spread represents a total annual volatility of 3.0065 CRC. From a start-to-finish perspective, comparing the January average rate of 29.3395 to the December average rate of 27.6152, the exchange rate registered a net change of -5.88% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 30.3841 was down 2.07% compared to the 2023 peak of 31.0276, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MDL to CRC Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 29.0415, compared to 29.1259 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0844 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 1.2403 CRC (High: 30.0649 / Low: 28.8246). On the other end, December was the most stable month, with a tight range of 0.4697 CRC (High: 27.8473 / Low: 27.3776).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.9047 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 30.0077) against the same month in 2023 (average: 30.4446), the exchange rate shifted by -0.4369 (-1.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 30.0649 | 28.8246 | 29.3395 |
| February | 29.3362 | 28.6835 | 28.9732 |
| March | 29.1400 | 28.4100 | 28.8069 |
| April | 28.9124 | 27.9788 | 28.4392 |
| May | 29.5769 | 28.8529 | 29.0315 |
| June | 30.3137 | 29.2390 | 29.6585 |
| July | 30.1333 | 29.4454 | 29.7440 |
| August | 30.3841 | 29.4213 | 30.0077 |
| September | 30.3548 | 29.6088 | 29.8923 |
| October | 29.8433 | 28.6926 | 29.2005 |
| November | 28.8503 | 27.7703 | 28.2959 |
| December | 27.8473 | 27.3776 | 27.6152 |