2024 BIF to GMD Historical Review

YEARLY HIGH

0.0247 GMD

YEARLY LOW

0.0232 GMD

YEARLY AVERAGE

0.0239 GMD

2024 BIF to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.0247. Conversely, the yearly low was recorded on October 14, dropping to 0.0232.

This high-to-low spread represents a total annual volatility of 0.0015 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0236 to the December average rate of 0.0244, the exchange rate registered a net change of 3.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0247 was down 18.15% compared to the 2023 peak of 0.0302, 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 123 GMD

2023 Average 125 GMD

Yearly Trough Low 116 GMD

Transaction Impact: A difference of 7.42 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0244

0.0235

JanuMarcMayJulySeptNove

BIF to GMD 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 0.0236, compared to 0.0241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0236

H2 Avg (Jul–Dec) 0.0241

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0011 GMD (High: 0.0243 / Low: 0.0232). On the other end, January was the most stable month, with a tight range of 0.0001 GMD (High: 0.0237 / Low: 0.0235).

October Spread (Volatile) ±0.0011

January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0244) against the same month in 2023 (average: 0.0236), the exchange rate shifted by +0.0008 (+3.40%).

2024 Avg (November) 0.0244

2023 Avg (November) 0.0236

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0237	0.0235	0.0236
February	0.0238	0.0235	0.0236
March	0.0239	0.0237	0.0237
April	0.0238	0.0236	0.0237
May	0.0238	0.0236	0.0236
June	0.0236	0.0234	0.0236
July	0.0241	0.0235	0.0236
August	0.0247	0.0239	0.0242
September	0.0246	0.0236	0.0240
October	0.0243	0.0232	0.0238
November	0.0247	0.0240	0.0244
December	0.0247	0.0241	0.0244