2024 PEN to CRC Historical Review

YEARLY HIGH

142.0888 CRC

YEARLY LOW

132.9115 CRC

YEARLY AVERAGE

137.3818 CRC

2024 PEN to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 142.0888. Conversely, the yearly low was recorded on April 17, dropping to 132.9115.

This high-to-low spread represents a total annual volatility of 9.1773 CRC. From a start-to-finish perspective, comparing the January average rate of 138.5695 to the December average rate of 135.5524, the exchange rate registered a net change of -2.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 142.0888 was down 8.90% compared to the 2023 peak of 155.9653, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 710,444 CRC

2023 Average 724,216 CRC

Yearly Trough Low 664,558 CRC

Transaction Impact: A difference of 45,886.45 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

141.0507

134.1331

JanuMarcMayJulySeptNove

PEN 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 137.0224, compared to 137.7412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7187 points.

H1 Avg (Jan–Jun) 137.0224

H2 Avg (Jul–Dec) 137.7412

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 6.2696 CRC (High: 140.7297 / Low: 134.4600). On the other end, December was the most stable month, with a tight range of 1.6599 CRC (High: 136.3581 / Low: 134.6983).

January Spread (Volatile) ±6.2696

December Spread (Stable) ±1.6599

Growth Streaks & Declines

Trends

Between 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 January and February, when the average rate fell by 3.8599 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -3.8599

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 140.4743) against the same month in 2023 (average: 145.8034), the exchange rate shifted by -5.3291 (-3.65%).

2024 Avg (August) 140.4743

2023 Avg (August) 145.8034

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	140.7297	134.4600	138.5695
February	136.5803	133.3466	134.7096
March	139.1436	135.1940	136.8901
April	138.2411	132.9115	135.6665
May	138.8602	135.5565	137.3811
June	142.0401	136.4053	138.9178
July	141.9814	136.4777	139.9208
August	142.0888	138.2986	140.4743
September	139.8302	136.3659	137.8164
October	139.7435	135.8874	137.6477
November	136.3837	133.5886	135.0355
December	136.3581	134.6983	135.5524