2024 NOK to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NOK to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NOK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 51.1559. Conversely, the yearly low was recorded on December 19, dropping to 43.9636.
This high-to-low spread represents a total annual volatility of 7.1923 CRC. From a start-to-finish perspective, comparing the January average rate of 49.7155 to the December average rate of 45.0436, the exchange rate registered a net change of -9.40% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 51.1559 was down 15.38% compared to the 2023 peak of 60.4512, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NOK 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 48.3270, compared to 47.6254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7017 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 3.3200 CRC (High: 49.5584 / Low: 46.2384). On the other end, February was the most stable month, with a tight range of 1.2281 CRC (High: 49.4466 / Low: 48.2185).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.6938 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 49.7155) against the same month in 2023 (average: 57.9056), the exchange rate shifted by -8.1901 (-14.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 51.1559 | 48.6738 | 49.7155 |
| February | 49.4466 | 48.2185 | 48.8851 |
| March | 49.0391 | 46.3168 | 47.9096 |
| April | 47.6272 | 45.3022 | 46.2158 |
| May | 49.5584 | 46.2384 | 47.7337 |
| June | 50.1839 | 48.9296 | 49.5024 |
| July | 50.4456 | 47.9413 | 48.7832 |
| August | 50.4618 | 47.3183 | 49.0495 |
| September | 49.9604 | 48.3184 | 48.9679 |
| October | 48.9465 | 46.5682 | 47.6999 |
| November | 46.9806 | 45.7023 | 46.2082 |
| December | 45.9659 | 43.9636 | 45.0436 |