2024 BWP to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BWP to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BWP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 39.9149. Conversely, the yearly low was recorded on April 30, dropping to 35.8163.
This high-to-low spread represents a total annual volatility of 4.0986 CRC. From a start-to-finish perspective, comparing the January average rate of 38.0694 to the December average rate of 36.8822, the exchange rate registered a net change of -3.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 39.9149 was down 14.09% compared to the 2023 peak of 46.4600, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BWP to CRC Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 37.6372, compared to 38.4310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7938 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 2.3415 CRC (High: 38.2645 / Low: 35.9230). On the other end, June was the most stable month, with a tight range of 0.7951 CRC (High: 38.8036 / Low: 38.0085).
Growth Streaks & Declines
TrendsBetween 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 1.0749 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 39.2298) against the same month in 2023 (average: 39.2454), the exchange rate shifted by -0.0156 (-0.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 38.8939 | 37.4502 | 38.0694 |
| February | 38.1192 | 37.1189 | 37.6241 |
| March | 37.8028 | 36.5929 | 37.2233 |
| April | 37.4888 | 35.8163 | 36.6595 |
| May | 38.2645 | 35.9230 | 37.6847 |
| June | 38.8036 | 38.0085 | 38.5621 |
| July | 39.5114 | 38.3603 | 38.8694 |
| August | 39.7331 | 38.4671 | 39.1147 |
| September | 39.9149 | 38.5932 | 39.2298 |
| October | 39.7082 | 38.2452 | 38.7825 |
| November | 38.5680 | 37.1734 | 37.7075 |
| December | 37.3530 | 36.4515 | 36.8822 |