2024 ZAR to CRC Historical Review

YEARLY HIGH

30.3458 CRC

YEARLY LOW

25.9708 CRC

YEARLY AVERAGE

28.1480 CRC

2024 ZAR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 30.3458. Conversely, the yearly low was recorded on April 20, dropping to 25.9708.

This high-to-low spread represents a total annual volatility of 4.3751 CRC. From a start-to-finish perspective, comparing the January average rate of 27.5744 to the December average rate of 27.7373, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 30.3458 was down 13.34% compared to the 2023 peak of 35.0162, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 1,517,292 CRC

2023 Average 1,470,040 CRC

Yearly Trough Low 1,298,538 CRC

Transaction Impact: A difference of 218,753.86 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

29.8147

26.4104

JanuMarcMayJulySeptNove

ZAR 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 27.4590, compared to 28.8370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3780 points.

H1 Avg (Jan–Jun) 27.4590

H2 Avg (Jul–Dec) 28.8370

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.6490 CRC (High: 28.4309 / Low: 26.7819). On the other end, May was the most stable month, with a tight range of 0.9270 CRC (High: 28.3727 / Low: 27.4458).

January Spread (Volatile) ±1.6490

May Spread (Stable) ±0.9270

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 0.9480 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.9480

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 29.5310) against the same month in 2023 (average: 28.2383), the exchange rate shifted by +1.2927 (+4.58%).

2024 Avg (September) 29.5310

2023 Avg (September) 28.2383

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.4309	26.7819	27.5744
February	27.5521	26.6173	27.1169
March	27.4893	26.5433	26.9690
April	27.5480	25.9708	26.6941
May	28.3727	27.4458	27.8450
June	29.1556	27.7012	28.5545
July	29.5465	28.2035	28.8894
August	29.7905	28.2624	29.0483
September	30.3458	28.7867	29.5310
October	29.9464	28.9754	29.3820
November	29.5171	27.9338	28.4340
December	28.3621	26.8928	27.7373