YEARLY HIGH
405.6354 CRC
YEARLY LOW
366.9552 CRC
YEARLY AVERAGE
385.9489 CRC

2024 BND to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 405.6354. Conversely, the yearly low was recorded on April 16, dropping to 366.9552.

This high-to-low spread represents a total annual volatility of 38.6801 CRC. From a start-to-finish perspective, comparing the January average rate of 387.2494 to the December average rate of 374.7004, the exchange rate registered a net change of -3.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 405.6354 was down 8.32% compared to the 2023 peak of 442.4642, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,028,177 CRC
2023 Average 2,017,269 CRC
Yearly Trough Low 1,834,776 CRC
Transaction Impact: A difference of 193,400.73 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

403.6007
368.7955
JanuMarcMayJulySeptNove

BND 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 381.6490, compared to 390.2488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.5997 points.

H1 Avg (Jan–Jun) 381.6490
H2 Avg (Jul–Dec) 390.2488

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 15.5147 CRC (High: 402.5889 / Low: 387.0741). On the other end, February was the most stable month, with a tight range of 5.9839 CRC (High: 386.5689 / Low: 380.5849).

October Spread (Volatile) ±15.5147
February Spread (Stable) ±5.9839

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 11.9600 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -11.9600

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 400.7003) against the same month in 2023 (average: 393.1264), the exchange rate shifted by +7.5739 (+1.93%).

2024 Avg (September) 400.7003
2023 Avg (September) 393.1264

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 393.8003 380.8247 387.2494
February 386.5689 380.5849 383.5550
March 384.4922 372.1717 379.3551
April 377.7086 366.9552 371.6959
May 385.5101 373.8585 379.3553
June 395.4474 385.3336 388.6835
July 396.1142 386.1840 391.1580
August 404.9790 390.6169 398.7892
September 405.6354 394.8626 400.7003
October 402.5889 387.0741 394.0524
November 390.0313 377.7503 382.0924
December 379.3637 370.1501 374.7004