2024 BBD to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BBD to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BBD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 1481.0551. Conversely, the yearly low was recorded on January 7, dropping to 1420.6926.
This high-to-low spread represents a total annual volatility of 60.3625 BIF. From a start-to-finish perspective, comparing the January average rate of 1426.7088 to the December average rate of 1473.8500, the exchange rate registered a net change of 3.30% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1481.0551 was up 3.55% compared to the 2023 peak of 1430.2641, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BBD 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 1432.1487, compared to 1452.2709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.1223 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 33.5551 BIF (High: 1481.0551 / Low: 1447.5000). On the other end, July was the most stable month, with a tight range of 7.0313 BIF (High: 1442.1906 / Low: 1435.1593).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 1460.5956) against the same month in 2023 (average: 1419.7908), the exchange rate shifted by +40.8048 (+2.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1430.0000 | 1420.6926 | 1426.7088 |
| February | 1436.8751 | 1425.4761 | 1429.8963 |
| March | 1434.2500 | 1424.1858 | 1430.4086 |
| April | 1436.9891 | 1428.7156 | 1432.7582 |
| May | 1438.0561 | 1429.1333 | 1434.9375 |
| June | 1448.4690 | 1433.7141 | 1438.1827 |
| July | 1442.1906 | 1435.1593 | 1439.3963 |
| August | 1446.7061 | 1430.0042 | 1440.2917 |
| September | 1450.8794 | 1440.6810 | 1446.9812 |
| October | 1475.3746 | 1446.2500 | 1452.5110 |
| November | 1481.0551 | 1447.5000 | 1460.5956 |
| December | 1480.3121 | 1447.5000 | 1473.8500 |