YEARLY HIGH
301.5083 CRC
YEARLY LOW
267.4917 CRC
YEARLY AVERAGE
285.3260 CRC

2024 BAM to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 301.5083. Conversely, the yearly low was recorded on December 19, dropping to 267.4917.

This high-to-low spread represents a total annual volatility of 34.0166 CRC. From a start-to-finish perspective, comparing the January average rate of 288.5060 to the December average rate of 271.0536, the exchange rate registered a net change of -6.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 301.5083 was down 6.74% compared to the 2023 peak of 323.3106, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,507,541 CRC
2023 Average 1,497,793 CRC
Yearly Trough Low 1,337,458 CRC
Transaction Impact: A difference of 170,083.08 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

297.7533
268.6263
JanuMarcMayJulySeptNove

BAM 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 284.1576, compared to 286.4944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3368 points.

H1 Avg (Jan–Jun) 284.1576
H2 Avg (Jul–Dec) 286.4944

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 15.0835 CRC (High: 286.3791 / Low: 271.2956). On the other end, February was the most stable month, with a tight range of 5.9646 CRC (High: 289.2151 / Low: 283.2505).

November Spread (Volatile) ±15.0835
February Spread (Stable) ±5.9646

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 10.0628 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -10.0628

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 295.3261) against the same month in 2023 (average: 300.3290), the exchange rate shifted by -5.0029 (-1.67%).

2024 Avg (August) 295.3261
2023 Avg (August) 300.3290

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 294.2529 282.8076 288.5060
February 289.2151 283.2505 284.7510
March 286.1430 277.3305 282.6100
April 282.5137 272.0386 276.6295
May 289.0402 278.3582 283.2514
June 296.2318 285.4586 289.1979
July 296.0426 287.5549 292.1597
August 301.5083 288.2194 295.3261
September 298.2925 291.5455 295.1230
October 293.8411 283.4644 287.6835
November 286.3791 271.2956 277.6207
December 274.5745 267.4917 271.0536