YEARLY HIGH
52.0009 CRC
YEARLY LOW
45.2029 CRC
YEARLY AVERAGE
48.7915 CRC

2024 SEK to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 52.0009. Conversely, the yearly low was recorded on December 18, dropping to 45.2029.

This high-to-low spread represents a total annual volatility of 6.7981 CRC. From a start-to-finish perspective, comparing the January average rate of 49.9748 to the December average rate of 46.0081, the exchange rate registered a net change of -7.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 52.0009 was down 8.41% compared to the 2023 peak of 56.7784, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 260,005 CRC
2023 Average 255,382 CRC
Yearly Trough Low 226,014 CRC
Transaction Impact: A difference of 33,990.27 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

51.3016
45.5269
JanuMarcMayJulySeptNove

SEK 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 48.7446, compared to 48.8384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0938 points.

H1 Avg (Jan–Jun) 48.7446
H2 Avg (Jul–Dec) 48.8384

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 3.3430 CRC (High: 52.0009 / Low: 48.6579). On the other end, February was the most stable month, with a tight range of 1.1966 CRC (High: 49.9879 / Low: 48.7913).

August Spread (Volatile) ±3.3430
February Spread (Stable) ±1.1966

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 October and November, when the average rate fell by 2.3870 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.3870

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 50.4848) against the same month in 2023 (average: 49.6879), the exchange rate shifted by +0.7969 (+1.60%).

2024 Avg (August) 50.4848
2023 Avg (August) 49.6879

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.7167 48.8519 49.9748
February 49.9879 48.7913 49.4226
March 50.0023 46.9899 48.7853
April 48.1725 45.6397 46.5847
May 49.4596 46.7166 47.6957
June 51.0240 49.2164 50.0043
July 50.7251 48.8189 49.5298
August 52.0009 48.6579 50.4848
September 51.5030 50.1980 50.8204
October 50.3952 48.0147 49.2872
November 48.3823 45.9137 46.9002
December 46.7490 45.2029 46.0081