YEARLY HIGH
0.0017 LYD
YEARLY LOW
0.0016 LYD
YEARLY AVERAGE
0.0017 LYD

2024 BIF to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.0017. Conversely, the yearly low was recorded on October 14, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0001 LYD. From a start-to-finish perspective, comparing the January average rate of 0.0017 to the December average rate of 0.0017, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0017 was down 27.16% compared to the 2023 peak of 0.0023, 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 9 LYD
2023 Average 10 LYD
Yearly Trough Low 8 LYD
Transaction Impact: A difference of 0.40 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0017
0.0016
JanuMarcMayJulySeptNove

BIF to LYD 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 0.0017, compared to 0.0017 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) 0.0017
H2 Avg (Jul–Dec) 0.0017

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0000 LYD (High: 0.0017 / Low: 0.0016). On the other end, January was the most stable month, with a tight range of 0.0000 LYD (High: 0.0017 / Low: 0.0017).

November Spread (Volatile) ±0.0000
January Spread (Stable) ±0.0000

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 July and August, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0017) against the same month in 2023 (average: 0.0023), the exchange rate shifted by -0.0006 (-26.07%).

2024 Avg (April) 0.0017
2023 Avg (April) 0.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0017 0.0017 0.0017
February 0.0017 0.0017 0.0017
March 0.0017 0.0017 0.0017
April 0.0017 0.0017 0.0017
May 0.0017 0.0017 0.0017
June 0.0017 0.0017 0.0017
July 0.0017 0.0017 0.0017
August 0.0017 0.0016 0.0017
September 0.0017 0.0016 0.0016
October 0.0017 0.0016 0.0017
November 0.0017 0.0016 0.0017
December 0.0017 0.0017 0.0017