YEARLY HIGH
0.0314 KGS
YEARLY LOW
0.0290 KGS
YEARLY AVERAGE
0.0302 KGS

2024 BIF to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0314. Conversely, the yearly low was recorded on October 14, dropping to 0.0290.

This high-to-low spread represents a total annual volatility of 0.0024 KGS. From a start-to-finish perspective, comparing the January average rate of 0.0313 to the December average rate of 0.0295, the exchange rate registered a net change of -5.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0314 was down 26.29% compared to the 2023 peak of 0.0426, 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 157 KGS
2023 Average 176 KGS
Yearly Trough Low 145 KGS
Transaction Impact: A difference of 12.25 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0315
0.0289
JanuMarcMayJulySeptNove

BIF to KGS 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 0.0310, compared to 0.0294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0310
H2 Avg (Jul–Dec) 0.0294

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0009 KGS (High: 0.0300 / Low: 0.0291). On the other end, January was the most stable month, with a tight range of 0.0002 KGS (High: 0.0314 / Low: 0.0312).

November Spread (Volatile) ±0.0009
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and November, 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 June and July, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0313) against the same month in 2023 (average: 0.0421), the exchange rate shifted by -0.0108 (-25.72%).

2024 Avg (March) 0.0313
2023 Avg (March) 0.0421

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0314 0.0312 0.0313
February 0.0314 0.0311 0.0313
March 0.0314 0.0312 0.0313
April 0.0312 0.0309 0.0311
May 0.0310 0.0305 0.0307
June 0.0306 0.0300 0.0303
July 0.0300 0.0292 0.0295
August 0.0298 0.0292 0.0296
September 0.0294 0.0290 0.0291
October 0.0296 0.0290 0.0294
November 0.0300 0.0291 0.0296
December 0.0300 0.0293 0.0295