2024 NZD to CRC Historical Review

YEARLY HIGH

329.8703 CRC

YEARLY LOW

282.6737 CRC

YEARLY AVERAGE

311.9899 CRC

2024 NZD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 329.8703. Conversely, the yearly low was recorded on December 18, dropping to 282.6737.

This high-to-low spread represents a total annual volatility of 47.1966 CRC. From a start-to-finish perspective, comparing the January average rate of 319.2203 to the December average rate of 290.2708, the exchange rate registered a net change of -9.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 329.8703 was down 12.27% compared to the 2023 peak of 376.0260, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,649,351 CRC

2023 Average 1,663,738 CRC

Yearly Trough Low 1,413,369 CRC

Transaction Impact: A difference of 235,982.84 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

326.7595

286.9536

JanuMarcMayJulySeptNove

NZD 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 312.9744, compared to 311.0055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9689 points.

H1 Avg (Jan–Jun) 312.9744

H2 Avg (Jul–Dec) 311.0055

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 21.1560 CRC (High: 329.6096 / Low: 308.4536). On the other end, February was the most stable month, with a tight range of 7.2170 CRC (High: 319.0277 / Low: 311.8107).

August Spread (Volatile) ±21.1560

February Spread (Stable) ±7.2170

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 12.0915 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -12.0915

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 323.4424) against the same month in 2023 (average: 317.4931), the exchange rate shifted by +5.9492 (+1.87%).

2024 Avg (September) 323.4424

2023 Avg (September) 317.4931

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	328.9905	311.5310	319.2203
February	319.0277	311.8107	316.0539
March	315.7276	299.7448	308.9645
April	308.3040	294.9279	300.0970
May	320.3528	302.7211	311.1751
June	328.5403	317.9547	322.3354
July	327.8668	310.8496	317.6838
August	329.6096	308.4536	319.3052
September	329.8703	318.4830	323.4424
October	325.3201	305.7808	313.7113
November	307.6732	295.4582	301.6197
December	299.5984	282.6737	290.2708