2024 SCR to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SCR to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SCR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 41.1782. Conversely, the yearly low was recorded on December 15, dropping to 33.3743.
This high-to-low spread represents a total annual volatility of 7.8038 CRC. From a start-to-finish perspective, comparing the January average rate of 38.6356 to the December average rate of 35.8605, the exchange rate registered a net change of -7.18% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 41.1782 was down 10.15% compared to the 2023 peak of 45.8300, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SCR to CRC Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 37.8435, compared to 37.6200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2236 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 6.6415 CRC (High: 41.1782 / Low: 34.5367). On the other end, May was the most stable month, with a tight range of 1.5301 CRC (High: 38.4161 / Low: 36.8860).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 1.2806 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 38.2303) against the same month in 2023 (average: 40.2500), the exchange rate shifted by -2.0197 (-5.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 39.8503 | 37.4295 | 38.6356 |
| February | 39.1896 | 37.3716 | 38.3247 |
| March | 38.2832 | 35.9132 | 37.4165 |
| April | 37.8802 | 34.8793 | 37.0934 |
| May | 38.4161 | 36.8860 | 37.5369 |
| June | 39.0266 | 35.5678 | 38.0541 |
| July | 38.9026 | 37.1788 | 38.1748 |
| August | 41.1782 | 34.5367 | 38.2303 |
| September | 40.5161 | 37.1057 | 38.6351 |
| October | 39.5402 | 34.3909 | 37.6780 |
| November | 38.2373 | 35.5591 | 37.1410 |
| December | 38.1656 | 33.3743 | 35.8605 |