YEARLY HIGH
1419.5306 CRC
YEARLY LOW
1321.3551 CRC
YEARLY AVERAGE
1368.1102 CRC

2024 BHD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 1419.5306. Conversely, the yearly low was recorded on April 4, dropping to 1321.3551.

This high-to-low spread represents a total annual volatility of 98.1755 CRC. From a start-to-finish perspective, comparing the January average rate of 1371.5982 to the December average rate of 1341.8839, the exchange rate registered a net change of -2.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1419.5306 was down 9.64% compared to the 2023 peak of 1570.9348, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,097,653 CRC
2023 Average 7,185,468 CRC
Yearly Trough Low 6,606,776 CRC
Transaction Impact: A difference of 490,877.48 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1403.4534
1331.1346
JanuMarcMayJulySeptNove

BHD 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 1363.6155, compared to 1372.6050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.9895 points.

H1 Avg (Jan–Jun) 1363.6155
H2 Avg (Jul–Dec) 1372.6050

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 35.6284 CRC (High: 1419.5306 / Low: 1383.9022). On the other end, November was the most stable month, with a tight range of 19.3426 CRC (High: 1364.5939 / Low: 1345.2513).

July Spread (Volatile) ±35.6284
November Spread (Stable) ±19.3426

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 18.7843 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -18.7843

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 1397.4268) against the same month in 2023 (average: 1434.0901), the exchange rate shifted by -36.6633 (-2.56%).

2024 Avg (July) 1397.4268
2023 Avg (July) 1434.0901

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1382.4349 1354.9972 1371.5982
February 1378.9474 1357.9644 1368.3834
March 1364.7989 1333.0636 1349.5991
April 1350.1172 1321.3551 1337.1612
May 1382.9522 1353.0936 1360.4436
June 1411.5775 1381.7032 1394.5074
July 1419.5306 1383.9022 1397.4268
August 1405.6369 1371.9239 1393.0094
September 1397.5829 1371.8873 1378.7832
October 1382.6445 1358.8228 1369.8246
November 1364.5939 1345.2513 1354.7018
December 1350.4084 1329.1474 1341.8839