2024 BIF to CNY Historical Review

YEARLY HIGH

0.0025 CNY

YEARLY LOW

0.0024 CNY

YEARLY AVERAGE

0.0025 CNY

2024 BIF to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0025. Conversely, the yearly low was recorded on October 14, dropping to 0.0024.

This high-to-low spread represents a total annual volatility of 0.0001 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0025, the exchange rate registered a net change of -0.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0025 was down 24.85% compared to the 2023 peak of 0.0034, 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 13 CNY

2023 Average 14 CNY

Yearly Trough Low 12 CNY

Transaction Impact: A difference of 0.68 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0025

0.0024

JanuMarcMayJulySeptNove

BIF to CNY 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 0.0025, compared to 0.0025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0025

H2 Avg (Jul–Dec) 0.0025

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0001 CNY (High: 0.0025 / Low: 0.0025). On the other end, January was the most stable month, with a tight range of 0.0000 CNY (High: 0.0025 / Low: 0.0025).

June Spread (Volatile) ±0.0001

January Spread (Stable) ±0.0000

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 July and August, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0025) against the same month in 2023 (average: 0.0033), the exchange rate shifted by -0.0008 (-24.22%).

2024 Avg (March) 0.0025

2023 Avg (March) 0.0033

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0025	0.0025	0.0025
February	0.0025	0.0025	0.0025
March	0.0025	0.0025	0.0025
April	0.0025	0.0025	0.0025
May	0.0025	0.0025	0.0025
June	0.0025	0.0025	0.0025
July	0.0025	0.0025	0.0025
August	0.0025	0.0025	0.0025
September	0.0025	0.0024	0.0024
October	0.0025	0.0024	0.0024
November	0.0025	0.0024	0.0025
December	0.0025	0.0025	0.0025