2018 CRC to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 CRC to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the CRC to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 23, valuing the pair at 3.1662. Conversely, the yearly low was recorded on November 7, dropping to 2.8746.
This high-to-low spread represents a total annual volatility of 0.2916 BIF. From a start-to-finish perspective, comparing the January average rate of 3.1085 to the December average rate of 3.0199, the exchange rate registered a net change of -2.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 3.1662 was up 1.23% compared to the 2017 peak of 3.1277, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CRC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
CRC to BIF 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 3.1155, compared to 3.0526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0628 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 0.1597 BIF (High: 3.0343 / Low: 2.8746). On the other end, April was the most stable month, with a tight range of 0.0438 BIF (High: 3.1508 / Low: 3.1070).
Growth Streaks & Declines
TrendsBetween February and May, 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 October and November, when the average rate fell by 0.0795 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2018: 3.1305) against the same month in 2017 (average: 2.9949), the exchange rate shifted by +0.1356 (+4.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.1436 | 3.0943 | 3.1085 |
| February | 3.1144 | 3.0699 | 3.0900 |
| March | 3.1381 | 3.0849 | 3.1069 |
| April | 3.1508 | 3.1070 | 3.1295 |
| May | 3.1662 | 3.1046 | 3.1305 |
| June | 3.1498 | 3.1005 | 3.1275 |
| July | 3.1487 | 3.0955 | 3.1227 |
| August | 3.1489 | 3.0955 | 3.1276 |
| September | 3.0955 | 3.0294 | 3.0661 |
| October | 3.0715 | 2.9583 | 3.0295 |
| November | 3.0343 | 2.8746 | 2.9499 |
| December | 3.0582 | 2.9747 | 3.0199 |