YEARLY HIGH
0.0716 CRC
YEARLY LOW
0.0641 CRC
YEARLY AVERAGE
0.0683 CRC

2024 PYG to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0716. Conversely, the yearly low was recorded on December 11, dropping to 0.0641.

This high-to-low spread represents a total annual volatility of 0.0075 CRC. From a start-to-finish perspective, comparing the January average rate of 0.0710 to the December average rate of 0.0648, the exchange rate registered a net change of -8.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0716 was down 11.58% compared to the 2023 peak of 0.0810, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 358 CRC
2023 Average 372 CRC
Yearly Trough Low 321 CRC
Transaction Impact: A difference of 37.41 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0716
0.0642
JanuMarcMayJulySeptNove

PYG 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 0.0696, compared to 0.0669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0696
H2 Avg (Jul–Dec) 0.0669

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0025 CRC (High: 0.0706 / Low: 0.0680). On the other end, May was the most stable month, with a tight range of 0.0010 CRC (High: 0.0691 / Low: 0.0681).

March Spread (Volatile) ±0.0025
May Spread (Stable) ±0.0010

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 August and September, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0710) against the same month in 2023 (average: 0.0779), the exchange rate shifted by -0.0069 (-8.90%).

2024 Avg (January) 0.0710
2023 Avg (January) 0.0779

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0716 0.0700 0.0710
February 0.0714 0.0701 0.0708
March 0.0706 0.0680 0.0695
April 0.0691 0.0674 0.0681
May 0.0691 0.0681 0.0683
June 0.0706 0.0691 0.0698
July 0.0709 0.0692 0.0698
August 0.0700 0.0676 0.0692
September 0.0682 0.0664 0.0669
October 0.0667 0.0642 0.0656
November 0.0660 0.0648 0.0653
December 0.0653 0.0641 0.0648