2024 BIF to GYD Historical Review

YEARLY HIGH

0.0748 GYD

YEARLY LOW

0.0707 GYD

YEARLY AVERAGE

0.0725 GYD

2024 BIF to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0748. Conversely, the yearly low was recorded on December 31, dropping to 0.0707.

This high-to-low spread represents a total annual volatility of 0.0041 GYD. From a start-to-finish perspective, comparing the January average rate of 0.0733 to the December average rate of 0.0709, the exchange rate registered a net change of -3.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0748 was down 27.11% compared to the 2023 peak of 0.1026, 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 374 GYD

2023 Average 422 GYD

Yearly Trough Low 354 GYD

Transaction Impact: A difference of 20.39 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0736

0.0707

JanuMarcMayJulySeptNove

BIF to GYD 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 0.0731, compared to 0.0720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0731

H2 Avg (Jul–Dec) 0.0720

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0018 GYD (High: 0.0748 / Low: 0.0729). On the other end, May was the most stable month, with a tight range of 0.0003 GYD (High: 0.0730 / Low: 0.0727).

March Spread (Volatile) ±0.0018

May 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 0.0007 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0732) against the same month in 2023 (average: 0.1015), the exchange rate shifted by -0.0283 (-27.89%).

2024 Avg (March) 0.0732

2023 Avg (March) 0.1015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0735	0.0732	0.0733
February	0.0735	0.0728	0.0732
March	0.0748	0.0729	0.0732
April	0.0732	0.0728	0.0730
May	0.0730	0.0727	0.0729
June	0.0729	0.0722	0.0727
July	0.0728	0.0725	0.0727
August	0.0727	0.0723	0.0726
September	0.0726	0.0721	0.0723
October	0.0724	0.0709	0.0721
November	0.0723	0.0708	0.0716
December	0.0723	0.0707	0.0709