YEARLY HIGH
0.0626 DJF
YEARLY LOW
0.0601 DJF
YEARLY AVERAGE
0.0617 DJF

2024 BIF to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0626. Conversely, the yearly low was recorded on December 23, dropping to 0.0601.

This high-to-low spread represents a total annual volatility of 0.0025 DJF. From a start-to-finish perspective, comparing the January average rate of 0.0624 to the December average rate of 0.0603, the exchange rate registered a net change of -3.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0626 was down 27.86% compared to the 2023 peak of 0.0868, 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 313 DJF
2023 Average 357 DJF
Yearly Trough Low 300 DJF
Transaction Impact: A difference of 12.56 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0626
0.0601
JanuMarcMayJulySeptNove

BIF to DJF 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 0.0621, compared to 0.0612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0621
H2 Avg (Jul–Dec) 0.0612

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0016 DJF (High: 0.0617 / Low: 0.0601). On the other end, July was the most stable month, with a tight range of 0.0003 DJF (High: 0.0619 / Low: 0.0616).

November Spread (Volatile) ±0.0016
July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0005 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0622) against the same month in 2023 (average: 0.0858), the exchange rate shifted by -0.0236 (-27.52%).

2024 Avg (February) 0.0622
2023 Avg (February) 0.0858

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0626 0.0620 0.0624
February 0.0626 0.0619 0.0622
March 0.0623 0.0619 0.0621
April 0.0622 0.0619 0.0621
May 0.0622 0.0615 0.0619
June 0.0623 0.0614 0.0618
July 0.0619 0.0616 0.0618
August 0.0618 0.0613 0.0617
September 0.0618 0.0613 0.0615
October 0.0615 0.0603 0.0612
November 0.0617 0.0601 0.0609
December 0.0614 0.0601 0.0603