YEARLY HIGH
142.6450 CRC
YEARLY LOW
132.8019 CRC
YEARLY AVERAGE
137.4037 CRC

2024 SAR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 142.6450. Conversely, the yearly low was recorded on April 4, dropping to 132.8019.

This high-to-low spread represents a total annual volatility of 9.8431 CRC. From a start-to-finish perspective, comparing the January average rate of 137.8524 to the December average rate of 134.6527, the exchange rate registered a net change of -2.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 142.6450 was down 9.39% compared to the 2023 peak of 157.4245, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 713,225 CRC
2023 Average 721,744 CRC
Yearly Trough Low 664,010 CRC
Transaction Impact: A difference of 49,215.33 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

140.9841
133.7875
JanuMarcMayJulySeptNove

SAR 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 137.0211, compared to 137.7862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7651 points.

H1 Avg (Jan–Jun) 137.0211
H2 Avg (Jul–Dec) 137.7862

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 3.6939 CRC (High: 142.6450 / Low: 138.9511). On the other end, November was the most stable month, with a tight range of 1.9633 CRC (High: 136.9800 / Low: 135.0166).

July Spread (Volatile) ±3.6939
November Spread (Stable) ±1.9633

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.9333 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.9333

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 140.3844) against the same month in 2023 (average: 144.0142), the exchange rate shifted by -3.6298 (-2.52%).

2024 Avg (July) 140.3844
2023 Avg (July) 144.0142

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 138.9575 136.2129 137.8524
February 138.6162 136.5159 137.5249
March 137.1215 133.7887 135.5916
April 135.8657 132.8019 134.3873
May 138.8866 135.7492 136.6751
June 141.8493 138.8015 140.0956
July 142.6450 138.9511 140.3844
August 141.1298 137.7849 139.8213
September 140.3448 137.7488 138.4400
October 138.6938 136.3706 137.4804
November 136.9800 135.0166 135.9385
December 135.5459 133.3876 134.6527