YEARLY HIGH
265.2450 CRC
YEARLY LOW
247.1829 CRC
YEARLY AVERAGE
255.8442 CRC

2024 BZD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 265.2450. Conversely, the yearly low was recorded on April 4, dropping to 247.1829.

This high-to-low spread represents a total annual volatility of 18.0621 CRC. From a start-to-finish perspective, comparing the January average rate of 256.5150 to the December average rate of 251.3916, the exchange rate registered a net change of -2.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 265.2450 was down 9.64% compared to the 2023 peak of 293.5403, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,326,225 CRC
2023 Average 1,344,022 CRC
Yearly Trough Low 1,235,915 CRC
Transaction Impact: A difference of 90,310.30 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

262.4513
249.0488
JanuMarcMayJulySeptNove

BZD 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 255.0045, compared to 256.6839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6794 points.

H1 Avg (Jan–Jun) 255.0045
H2 Avg (Jul–Dec) 256.6839

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 6.2752 CRC (High: 265.2450 / Low: 258.9698). On the other end, November was the most stable month, with a tight range of 2.6705 CRC (High: 254.6072 / Low: 251.9367).

July Spread (Volatile) ±6.2752
November Spread (Stable) ±2.6705

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 3.3929 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.3929

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 261.3344) against the same month in 2023 (average: 268.2994), the exchange rate shifted by -6.9650 (-2.60%).

2024 Avg (July) 261.3344
2023 Avg (July) 268.2994

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 258.5230 253.5127 256.5150
February 257.8366 253.9962 255.8214
March 255.0381 249.3253 252.4285
April 252.5299 247.1829 250.1657
May 258.4841 253.1495 254.4076
June 263.9557 258.4680 260.6888
July 265.2450 258.9698 261.3344
August 262.6939 257.1312 260.5169
September 261.3576 256.5520 257.6715
October 257.9741 254.1913 255.9609
November 254.6072 251.9367 253.2280
December 253.5856 248.9537 251.3916