2024 BIF to AFN Historical Review

YEARLY HIGH

0.0262 AFN

YEARLY LOW

0.0225 AFN

YEARLY AVERAGE

0.0245 AFN

2024 BIF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0262. Conversely, the yearly low was recorded on October 17, dropping to 0.0225.

This high-to-low spread represents a total annual volatility of 0.0037 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0251 to the December average rate of 0.0236, the exchange rate registered a net change of -6.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0262 was down 40.45% compared to the 2023 peak of 0.0440, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 131 AFN

2023 Average 167 AFN

Yearly Trough Low 112 AFN

Transaction Impact: A difference of 18.66 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0258

0.0228

JanuMarcMayJulySeptNove

BIF to AFN 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 0.0251, compared to 0.0238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0251

H2 Avg (Jul–Dec) 0.0238

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0016 AFN (High: 0.0261 / Low: 0.0245). On the other end, July was the most stable month, with a tight range of 0.0004 AFN (High: 0.0247 / Low: 0.0243).

January Spread (Volatile) ±0.0016

July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0256) against the same month in 2023 (average: 0.0432), the exchange rate shifted by -0.0177 (-40.83%).

2024 Avg (February) 0.0256

2023 Avg (February) 0.0432

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0261	0.0245	0.0251
February	0.0262	0.0253	0.0256
March	0.0255	0.0249	0.0252
April	0.0252	0.0248	0.0251
May	0.0252	0.0245	0.0250
June	0.0250	0.0242	0.0245
July	0.0247	0.0243	0.0246
August	0.0247	0.0243	0.0246
September	0.0246	0.0235	0.0240
October	0.0237	0.0225	0.0231
November	0.0236	0.0229	0.0232
December	0.0239	0.0228	0.0236