YEARLY HIGH
0.2129 CRC
YEARLY LOW
0.0386 CRC
YEARLY AVERAGE
0.2004 CRC

2024 SYP to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 0.2129. Conversely, the yearly low was recorded on December 22, dropping to 0.0386.

This high-to-low spread represents a total annual volatility of 0.1743 CRC. From a start-to-finish perspective, comparing the January average rate of 0.2058 to the December average rate of 0.1436, the exchange rate registered a net change of -30.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2129 was down 9.59% compared to the 2023 peak of 0.2355, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,065 CRC
2023 Average 1,078 CRC
Yearly Trough Low 193 CRC
Transaction Impact: A difference of 871.46 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2162
0.1370
JanuMarcMayJulySeptNove

SYP 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 0.2045, compared to 0.1962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.2045
H2 Avg (Jul–Dec) 0.1962

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1635 CRC (High: 0.2022 / Low: 0.0386). On the other end, November was the most stable month, with a tight range of 0.0030 CRC (High: 0.2047 / Low: 0.2018).

December Spread (Volatile) ±0.1635
November Spread (Stable) ±0.0030

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 November and December, when the average rate fell by 0.0596 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0596

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.2096) against the same month in 2023 (average: 0.2150), the exchange rate shifted by -0.0054 (-2.51%).

2024 Avg (July) 0.2096
2023 Avg (July) 0.2150

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2074 0.2033 0.2058
February 0.2069 0.2038 0.2053
March 0.2047 0.1999 0.2024
April 0.2027 0.1983 0.2006
May 0.2073 0.2026 0.2040
June 0.2117 0.2072 0.2091
July 0.2129 0.2074 0.2096
August 0.2108 0.2058 0.2088
September 0.2096 0.2058 0.2068
October 0.2073 0.2038 0.2055
November 0.2047 0.2018 0.2032
December 0.2022 0.0386 0.1436