YEARLY HIGH
138.1160 CRC
YEARLY LOW
113.0859 CRC
YEARLY AVERAGE
129.5428 CRC

2024 PLN to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 138.1160. Conversely, the yearly low was recorded on January 1, dropping to 113.0859.

This high-to-low spread represents a total annual volatility of 25.0301 CRC. From a start-to-finish perspective, comparing the January average rate of 128.6977 to the December average rate of 124.0751, the exchange rate registered a net change of -3.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 138.1160 was down 0.42% compared to the 2023 peak of 138.6976, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,762,321 CRC
2023 Average 2,582,122 CRC
Yearly Trough Low 2,261,719 CRC
Transaction Impact: A difference of 500,601.83 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

136.0199
122.9892
JanuMarcMayJulySeptNove

PLN 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 128.6036, compared to 130.4820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8784 points.

H1 Avg (Jan–Jun) 128.6036
H2 Avg (Jul–Dec) 130.4820

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 18.7572 CRC (High: 131.8432 / Low: 113.0859). On the other end, February was the most stable month, with a tight range of 2.4498 CRC (High: 129.9742 / Low: 127.5244).

January Spread (Volatile) ±18.7572
February Spread (Stable) ±2.4498

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 5.0921 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -5.0921

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 134.8175) against the same month in 2023 (average: 131.7017), the exchange rate shifted by +3.1158 (+2.37%).

2024 Avg (August) 134.8175
2023 Avg (August) 131.7017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 131.8432 113.0859 128.6977
February 129.9742 127.5244 128.7240
March 130.5691 125.9760 128.3270
April 129.3980 121.7471 125.5892
May 132.2189 126.4131 129.4136
June 134.3435 128.5421 130.8699
July 135.9212 130.4996 133.4995
August 138.1160 130.9336 134.8175
September 136.5831 133.4591 134.9340
October 133.6316 127.7269 130.3289
November 128.3842 122.3093 125.2368
December 125.8938 122.0703 124.0751