YEARLY HIGH
0.0027 HKD
YEARLY LOW
0.0026 HKD
YEARLY AVERAGE
0.0027 HKD

2024 BIF to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0027. Conversely, the yearly low was recorded on December 28, dropping to 0.0026.

This high-to-low spread represents a total annual volatility of 0.0001 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0027 to the December average rate of 0.0026, the exchange rate registered a net change of -3.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0027 was down 28.19% compared to the 2023 peak of 0.0038, 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 14 HKD
2023 Average 16 HKD
Yearly Trough Low 13 HKD
Transaction Impact: A difference of 0.64 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0027
0.0026
JanuMarcMayJulySeptNove

BIF to HKD 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 0.0027, compared to 0.0027 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) 0.0027
H2 Avg (Jul–Dec) 0.0027

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0001 HKD (High: 0.0027 / Low: 0.0026). On the other end, July was the most stable month, with a tight range of 0.0000 HKD (High: 0.0027 / Low: 0.0027).

December Spread (Volatile) ±0.0001
July Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0027) against the same month in 2023 (average: 0.0038), the exchange rate shifted by -0.0010 (-27.53%).

2024 Avg (January) 0.0027
2023 Avg (January) 0.0038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0027 0.0027 0.0027
February 0.0027 0.0027 0.0027
March 0.0027 0.0027 0.0027
April 0.0027 0.0027 0.0027
May 0.0027 0.0027 0.0027
June 0.0027 0.0027 0.0027
July 0.0027 0.0027 0.0027
August 0.0027 0.0027 0.0027
September 0.0027 0.0027 0.0027
October 0.0027 0.0026 0.0027
November 0.0027 0.0026 0.0027
December 0.0027 0.0026 0.0026