YEARLY HIGH
0.3497 ARS
YEARLY LOW
0.2839 ARS
YEARLY AVERAGE
0.3171 ARS

2024 BIF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.3497. Conversely, the yearly low was recorded on January 1, dropping to 0.2839.

This high-to-low spread represents a total annual volatility of 0.0658 ARS. From a start-to-finish perspective, comparing the January average rate of 0.2866 to the December average rate of 0.3460, the exchange rate registered a net change of 20.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3497 was up 23.08% compared to the 2023 peak of 0.2841, 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 1,748 ARS
2023 Average 571 ARS
Yearly Trough Low 1,419 ARS
Transaction Impact: A difference of 329.01 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3519
0.2806
JanuMarcMayJulySeptNove

BIF to ARS 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 0.3002, compared to 0.3340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0338 points.

H1 Avg (Jan–Jun) 0.3002
H2 Avg (Jul–Dec) 0.3340

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0123 ARS (High: 0.3489 / Low: 0.3367). On the other end, September was the most stable month, with a tight range of 0.0049 ARS (High: 0.3344 / Low: 0.3295).

November Spread (Volatile) ±0.0123
September Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3460) against the same month in 2023 (average: 0.2216), the exchange rate shifted by +0.1244 (+56.12%).

2024 Avg (December) 0.3460
2023 Avg (December) 0.2216

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2897 0.2839 0.2866
February 0.2953 0.2876 0.2917
March 0.3001 0.2937 0.2973
April 0.3058 0.2996 0.3028
May 0.3114 0.3043 0.3085
June 0.3166 0.3112 0.3141
July 0.3237 0.3171 0.3203
August 0.3298 0.3232 0.3265
September 0.3344 0.3295 0.3318
October 0.3411 0.3321 0.3371
November 0.3489 0.3367 0.3421
December 0.3497 0.3425 0.3460