2024 BGN to CRC Historical Review

YEARLY HIGH

301.9255 CRC

YEARLY LOW

266.5875 CRC

YEARLY AVERAGE

285.2872 CRC

2024 BGN to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 301.9255. Conversely, the yearly low was recorded on December 19, dropping to 266.5875.

This high-to-low spread represents a total annual volatility of 35.3381 CRC. From a start-to-finish perspective, comparing the January average rate of 288.3501 to the December average rate of 270.8808, the exchange rate registered a net change of -6.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 301.9255 was down 6.78% compared to the 2023 peak of 323.8843, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,509,628 CRC

2023 Average 1,497,789 CRC

Yearly Trough Low 1,332,937 CRC

Transaction Impact: A difference of 176,690.30 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

298.1894

268.3982

JanuMarcMayJulySeptNove

BGN 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 284.0924, compared to 286.4820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3895 points.

H1 Avg (Jan–Jun) 284.0924

H2 Avg (Jul–Dec) 286.4820

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 14.3774 CRC (High: 285.6885 / Low: 271.3111). On the other end, February was the most stable month, with a tight range of 3.8199 CRC (High: 286.9734 / Low: 283.1536).

November Spread (Volatile) ±14.3774

February Spread (Stable) ±3.8199

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 10.2122 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -10.2122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 295.7068) against the same month in 2023 (average: 300.1905), the exchange rate shifted by -4.4837 (-1.49%).

2024 Avg (August) 295.7068

2023 Avg (August) 300.1905

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	294.0948	282.7078	288.3501
February	286.9734	283.1536	284.6139
March	286.3328	277.0907	282.6389
April	282.1824	271.9027	276.3887
May	288.8278	278.3634	283.3818
June	294.7816	285.4586	289.1812
July	296.0398	288.0634	292.1885
August	301.9255	288.0955	295.7068
September	298.2442	291.9640	295.0496
October	293.1352	283.6324	287.6393
November	285.6885	271.3111	277.4270
December	274.5881	266.5875	270.8808