YEARLY HIGH
2.1369 CRC
YEARLY LOW
1.9895 CRC
YEARLY AVERAGE
2.0600 CRC

2024 YER to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 2.1369. Conversely, the yearly low was recorded on April 4, dropping to 1.9895.

This high-to-low spread represents a total annual volatility of 0.1473 CRC. From a start-to-finish perspective, comparing the January average rate of 2.0651 to the December average rate of 2.0228, the exchange rate registered a net change of -2.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1369 was down 9.61% compared to the 2023 peak of 2.3641, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,684 CRC
2023 Average 10,817 CRC
Yearly Trough Low 9,948 CRC
Transaction Impact: A difference of 736.75 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1125
2.0042
JanuMarcMayJulySeptNove

YER 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 2.0529, compared to 2.0670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 2.0529
H2 Avg (Jul–Dec) 2.0670

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0551 CRC (High: 2.1369 / Low: 2.0818). On the other end, November was the most stable month, with a tight range of 0.0299 CRC (High: 2.0590 / Low: 2.0291).

July Spread (Volatile) ±0.0551
November Spread (Stable) ±0.0299

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 0.0294 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0294

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 2.1035) against the same month in 2023 (average: 2.1579), the exchange rate shifted by -0.0544 (-2.52%).

2024 Avg (July) 2.1035
2023 Avg (July) 2.1579

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0822 2.0399 2.0651
February 2.0764 2.0453 2.0606
March 2.0538 2.0065 2.0311
April 2.0351 1.9895 2.0132
May 2.0802 2.0359 2.0484
June 2.1244 2.0793 2.0989
July 2.1369 2.0818 2.1035
August 2.1158 2.0649 2.0958
September 2.1038 2.0652 2.0751
October 2.0808 2.0458 2.0623
November 2.0590 2.0291 2.0428
December 2.0379 2.0021 2.0228