2024 BIF to ETB Historical Review

YEARLY HIGH

0.0438 ETB

YEARLY LOW

0.0197 ETB

YEARLY AVERAGE

0.0285 ETB

2024 BIF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.0438. Conversely, the yearly low was recorded on February 3, dropping to 0.0197.

This high-to-low spread represents a total annual volatility of 0.0241 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0198 to the December average rate of 0.0430, the exchange rate registered a net change of 117.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0438 was up 67.34% compared to the 2023 peak of 0.0262, 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 219 ETB

2023 Average 110 ETB

Yearly Trough Low 98 ETB

Transaction Impact: A difference of 120.71 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0453

0.0175

JanuMarcMayJulySeptNove

BIF to ETB 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 0.0199, compared to 0.0370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0172 points.

H1 Avg (Jan–Jun) 0.0199

H2 Avg (Jul–Dec) 0.0370

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0117 ETB (High: 0.0390 / Low: 0.0274). On the other end, March was the most stable month, with a tight range of 0.0002 ETB (High: 0.0199 / Low: 0.0197).

August Spread (Volatile) ±0.0117

March Spread (Stable) ±0.0002

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: 0.0430) against the same month in 2023 (average: 0.0197), the exchange rate shifted by +0.0233 (+118.09%).

2024 Avg (December) 0.0430

2023 Avg (December) 0.0197

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0199	0.0197	0.0198
February	0.0199	0.0197	0.0198
March	0.0199	0.0197	0.0198
April	0.0200	0.0198	0.0199
May	0.0201	0.0198	0.0200
June	0.0201	0.0197	0.0200
July	0.0262	0.0199	0.0202
August	0.0390	0.0274	0.0357
September	0.0414	0.0382	0.0399
October	0.0420	0.0407	0.0414
November	0.0431	0.0410	0.0420
December	0.0438	0.0421	0.0430