2024 AFN to BIF Historical Review

YEARLY HIGH

44.5365 BIF

YEARLY LOW

38.1877 BIF

YEARLY AVERAGE

40.9435 BIF

2024 AFN to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 44.5365. Conversely, the yearly low was recorded on February 3, dropping to 38.1877.

This high-to-low spread represents a total annual volatility of 6.3488 BIF. From a start-to-finish perspective, comparing the January average rate of 39.8993 to the December average rate of 42.4659, the exchange rate registered a net change of 6.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 44.5365 was up 8.18% compared to the 2023 peak of 41.1705, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 222,682 BIF

2023 Average 156,415 BIF

Yearly Trough Low 190,938 BIF

Transaction Impact: A difference of 31,743.97 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

43.7358

38.6652

JanuMarcMayJulySeptNove

AFN to BIF 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 39.8945, compared to 41.9926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0980 points.

H1 Avg (Jan–Jun) 39.8945

H2 Avg (Jul–Dec) 41.9926

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 2.4579 BIF (High: 40.8286 / Low: 38.3707). On the other end, July was the most stable month, with a tight range of 0.6213 BIF (High: 41.0865 / Low: 40.4652).

January Spread (Volatile) ±2.4579

July Spread (Stable) ±0.6213

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.8116 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.8116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 43.3133) against the same month in 2023 (average: 37.5852), the exchange rate shifted by +5.7281 (+15.24%).

2024 Avg (October) 43.3133

2023 Avg (October) 37.5852

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.8286	38.3707	39.8993
February	39.5538	38.1877	39.0878
March	40.1742	39.1855	39.6349
April	40.2554	39.6091	39.9183
May	40.7801	39.6333	40.0428
June	41.2671	39.9989	40.7841
July	41.0865	40.4652	40.6831
August	41.2250	40.4473	40.6876
September	42.5322	40.6056	41.6428
October	44.5365	42.2137	43.3133
November	43.6905	42.4316	43.1626
December	43.8300	41.8327	42.4659