2024 AUD to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AUD to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AUD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 2003.1503. Conversely, the yearly low was recorded on December 31, dropping to 1829.2442.
This high-to-low spread represents a total annual volatility of 173.9060 BIF. From a start-to-finish perspective, comparing the January average rate of 1896.0063 to the December average rate of 1864.3612, the exchange rate registered a net change of -1.67% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 2003.1503 was up 2.54% compared to the 2023 peak of 1953.5670, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AUD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
AUD 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 1886.0528, compared to 1919.8205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 33.7677 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 106.2811 BIF (High: 1964.6578 / Low: 1858.3767). On the other end, June was the most stable month, with a tight range of 27.3383 BIF (High: 1922.4218 / Low: 1895.0835).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 43.5807 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 1959.9232) against the same month in 2023 (average: 1821.3061), the exchange rate shifted by +138.6171 (+7.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1945.0242 | 1871.6874 | 1896.0063 |
| February | 1879.6350 | 1842.4194 | 1866.5349 |
| March | 1905.7901 | 1855.9794 | 1876.2148 |
| April | 1900.0557 | 1837.6770 | 1864.4946 |
| May | 1927.4951 | 1872.9942 | 1902.5728 |
| June | 1922.4218 | 1895.0835 | 1910.4936 |
| July | 1950.1130 | 1883.3164 | 1921.9158 |
| August | 1964.6578 | 1858.3767 | 1916.9419 |
| September | 2003.1503 | 1922.6729 | 1959.9232 |
| October | 2000.3537 | 1906.5770 | 1947.8389 |
| November | 1954.9429 | 1870.3141 | 1907.9419 |
| December | 1910.3208 | 1829.2442 | 1864.3612 |