2024 BIF to KRW Historical Review

YEARLY HIGH

0.4998 KRW

YEARLY LOW

0.4483 KRW

YEARLY AVERAGE

0.4728 KRW

2024 BIF to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.4998. Conversely, the yearly low was recorded on January 1, dropping to 0.4483.

This high-to-low spread represents a total annual volatility of 0.0515 KRW. From a start-to-finish perspective, comparing the January average rate of 0.4643 to the December average rate of 0.4888, the exchange rate registered a net change of 5.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4998 was down 23.01% compared to the 2023 peak of 0.6492, 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 2,499 KRW

2023 Average 2,619 KRW

Yearly Trough Low 2,242 KRW

Transaction Impact: A difference of 257.63 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4917

0.4567

JanuMarcMayJulySeptNove

BIF to KRW 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 0.4716, compared to 0.4739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.4716

H2 Avg (Jul–Dec) 0.4739

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0248 KRW (High: 0.4998 / Low: 0.4750). On the other end, February was the most stable month, with a tight range of 0.0065 KRW (High: 0.4698 / Low: 0.4633).

December Spread (Volatile) ±0.0248

February Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0115 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4888) against the same month in 2023 (average: 0.4565), the exchange rate shifted by +0.0322 (+7.06%).

2024 Avg (December) 0.4888

2023 Avg (December) 0.4565

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4709	0.4483	0.4643
February	0.4698	0.4633	0.4659
March	0.4721	0.4578	0.4658
April	0.4857	0.4703	0.4781
May	0.4811	0.4696	0.4752
June	0.4844	0.4746	0.4803
July	0.4829	0.4755	0.4802
August	0.4776	0.4597	0.4687
September	0.4647	0.4527	0.4596
October	0.4774	0.4561	0.4688
November	0.4858	0.4713	0.4776
December	0.4998	0.4750	0.4888