2024 TOP to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TOP to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TOP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 227.2040. Conversely, the yearly low was recorded on April 29, dropping to 207.7538.
This high-to-low spread represents a total annual volatility of 19.4502 CRC. From a start-to-finish perspective, comparing the January average rate of 219.4858 to the December average rate of 211.2470, the exchange rate registered a net change of -3.75% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 227.2040 was down 10.18% compared to the 2023 peak of 252.9578, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
TOP 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 217.1062, compared to 218.2198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1136 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 7.6102 CRC (High: 223.5558 / Low: 215.9456). On the other end, December was the most stable month, with a tight range of 3.2922 CRC (High: 212.6315 / Low: 209.3393).
Growth Streaks & Declines
TrendsBetween 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 5.0102 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 222.5433) against the same month in 2023 (average: 230.0430), the exchange rate shifted by -7.4997 (-3.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 223.5558 | 215.9456 | 219.4858 |
| February | 219.9723 | 214.6999 | 217.8179 |
| March | 217.1071 | 211.0130 | 214.7136 |
| April | 214.8963 | 207.7538 | 211.4159 |
| May | 220.5485 | 213.6382 | 216.4502 |
| June | 226.1359 | 220.4784 | 222.7539 |
| July | 227.2040 | 221.1671 | 222.5433 |
| August | 225.3311 | 217.7305 | 221.9231 |
| September | 224.6134 | 219.7957 | 221.5381 |
| October | 222.2173 | 214.8375 | 218.5388 |
| November | 215.8358 | 211.2669 | 213.5286 |
| December | 212.6315 | 209.3393 | 211.2470 |