2024 BIF to CDF Historical Review

YEARLY HIGH

0.9991 CDF

YEARLY LOW

0.9301 CDF

YEARLY AVERAGE

0.9760 CDF

2024 BIF to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.9991. Conversely, the yearly low was recorded on January 20, dropping to 0.9301.

This high-to-low spread represents a total annual volatility of 0.0691 CDF. From a start-to-finish perspective, comparing the January average rate of 0.9539 to the December average rate of 0.9683, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9991 was down 9.19% compared to the 2023 peak of 1.1003, 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 4,996 CDF

2023 Average 4,625 CDF

Yearly Trough Low 4,650 CDF

Transaction Impact: A difference of 345.31 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9925

0.9504

JanuMarcMayJulySeptNove

BIF to CDF 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 0.9700, compared to 0.9819 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.9700

H2 Avg (Jul–Dec) 0.9819

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0340 CDF (High: 0.9641 / Low: 0.9301). On the other end, March was the most stable month, with a tight range of 0.0107 CDF (High: 0.9764 / Low: 0.9657).

January Spread (Volatile) ±0.0340

March Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between January and April, 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 0.0111 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.9890) against the same month in 2023 (average: 0.8737), the exchange rate shifted by +0.1153 (+13.19%).

2024 Avg (August) 0.9890

2023 Avg (August) 0.8737

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9641	0.9301	0.9539
February	0.9687	0.9545	0.9638
March	0.9764	0.9657	0.9697
April	0.9855	0.9677	0.9742
May	0.9830	0.9704	0.9741
June	0.9913	0.9741	0.9846
July	0.9976	0.9811	0.9879
August	0.9991	0.9794	0.9890
September	0.9913	0.9797	0.9842
October	0.9941	0.9618	0.9829
November	0.9917	0.9659	0.9794
December	0.9917	0.9621	0.9683