YEARLY HIGH
39.9149 CRC
YEARLY LOW
35.8163 CRC
YEARLY AVERAGE
38.0341 CRC

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.

Transfer Payout Power Comparison

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

Yearly Peak High 199,574 CRC
2023 Average 202,920 CRC
Yearly Trough Low 179,081 CRC
Transaction Impact: A difference of 20,493.07 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

39.4868
36.4024
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 37.6372
H2 Avg (Jul–Dec) 38.4310

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±2.3415
June Spread (Stable) ±0.7951

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 1.0749 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.0749

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (September) 39.2298
2023 Avg (September) 39.2454

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