2024 BIF to CRC Historical Review

YEARLY HIGH

0.1857 CRC

YEARLY LOW

0.1701 CRC

YEARLY AVERAGE

0.1788 CRC

2024 BIF to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 0.1857. Conversely, the yearly low was recorded on December 19, dropping to 0.1701.

This high-to-low spread represents a total annual volatility of 0.0156 CRC. From a start-to-finish perspective, comparing the January average rate of 0.1812 to the December average rate of 0.1716, the exchange rate registered a net change of -5.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1857 was down 35.21% compared to the 2023 peak of 0.2867, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 929 CRC

2023 Average 1,090 CRC

Yearly Trough Low 851 CRC

Transaction Impact: A difference of 78.16 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1841

0.1705

JanuMarcMayJulySeptNove

BIF 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 0.1794, compared to 0.1781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.1794

H2 Avg (Jul–Dec) 0.1781

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0051 CRC (High: 0.1753 / Low: 0.1701). On the other end, February was the most stable month, with a tight range of 0.0022 CRC (High: 0.1811 / Low: 0.1790).

December Spread (Volatile) ±0.0051

February Spread (Stable) ±0.0022

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 November and December, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.1829) against the same month in 2023 (average: 0.1909), the exchange rate shifted by -0.0080 (-4.18%).

2024 Avg (July) 0.1829

2023 Avg (July) 0.1909

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1827	0.1788	0.1812
February	0.1811	0.1790	0.1803
March	0.1797	0.1756	0.1778
April	0.1778	0.1741	0.1759
May	0.1812	0.1779	0.1786
June	0.1849	0.1812	0.1827
July	0.1857	0.1814	0.1829
August	0.1838	0.1796	0.1821
September	0.1822	0.1786	0.1795
October	0.1791	0.1754	0.1777
November	0.1771	0.1720	0.1748
December	0.1753	0.1701	0.1716