YEARLY HIGH
30.2587 CRC
YEARLY LOW
26.1194 CRC
YEARLY AVERAGE
28.1550 CRC

2024 NAD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 30.2587. Conversely, the yearly low was recorded on April 23, dropping to 26.1194.

This high-to-low spread represents a total annual volatility of 4.1393 CRC. From a start-to-finish perspective, comparing the January average rate of 27.5221 to the December average rate of 27.7604, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 30.2587 was down 13.58% compared to the 2023 peak of 35.0145, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 151,293 CRC
2023 Average 146,646 CRC
Yearly Trough Low 130,597 CRC
Transaction Impact: A difference of 20,696.26 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

29.7715
26.4110
JanuMarcMayJulySeptNove

NAD 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 27.4626, compared to 28.8473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3847 points.

H1 Avg (Jan–Jun) 27.4626
H2 Avg (Jul–Dec) 28.8473

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.5748 CRC (High: 29.7403 / Low: 28.1654). On the other end, May was the most stable month, with a tight range of 0.9576 CRC (High: 28.3359 / Low: 27.3784).

August Spread (Volatile) ±1.5748
May Spread (Stable) ±0.9576

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 0.8958 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.8958

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 29.4914) against the same month in 2023 (average: 28.2280), the exchange rate shifted by +1.2635 (+4.48%).

2024 Avg (September) 29.4914
2023 Avg (September) 28.2280

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.1330 26.8307 27.5221
February 27.9476 26.5962 27.1844
March 27.4722 26.4876 26.9731
April 27.5020 26.1194 26.6910
May 28.3359 27.3784 27.8833
June 29.1984 27.7961 28.5218
July 29.4888 28.4206 28.8777
August 29.7403 28.1654 29.0974
September 30.2587 28.7662 29.4914
October 29.9539 28.9654 29.3763
November 29.3427 27.9507 28.4805
December 28.5408 26.9930 27.7604