2024 MYR to CRC Historical Review

YEARLY HIGH

126.0029 CRC

YEARLY LOW

104.2552 CRC

YEARLY AVERAGE

112.8788 CRC

2024 MYR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MYR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 126.0029. Conversely, the yearly low was recorded on April 17, dropping to 104.2552.

This high-to-low spread represents a total annual volatility of 21.7477 CRC. From a start-to-finish perspective, comparing the January average rate of 110.4232 to the December average rate of 113.3919, the exchange rate registered a net change of 2.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 126.0029 was down 6.56% compared to the 2023 peak of 134.8427, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 2,520,058 CRC

2023 Average 2,378,521 CRC

Yearly Trough Low 2,085,105 CRC

Transaction Impact: A difference of 434,953.05 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

123.6261

104.1622

JanuMarcMayJulySeptNove

MYR 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 108.7388, compared to 117.0188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.2801 points.

H1 Avg (Jan–Jun) 108.7388

H2 Avg (Jul–Dec) 117.0188

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 7.6196 CRC (High: 126.0029 / Low: 118.3833). On the other end, June was the most stable month, with a tight range of 2.8094 CRC (High: 113.4104 / Low: 110.6010).

September Spread (Volatile) ±7.6196

June Spread (Stable) ±2.8094

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 October and November, when the average rate fell by 4.9714 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -4.9714

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 122.0041) against the same month in 2023 (average: 114.4217), the exchange rate shifted by +7.5824 (+6.63%).

2024 Avg (September) 122.0041

2023 Avg (September) 114.4217

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	113.3899	107.9901	110.4232
February	110.1907	107.0604	108.2048
March	109.3316	106.1487	107.7842
April	107.1725	104.2552	105.7842
May	110.7419	106.9094	108.6779
June	113.4104	110.6010	111.5584
July	115.3249	111.0770	112.4875
August	121.5595	114.3000	118.8696
September	126.0029	118.3833	122.0041
October	124.3711	117.1089	120.1657
November	117.8399	113.2183	115.1942
December	114.8948	111.4721	113.3919