YEARLY HIGH
0.0053 SCR
YEARLY LOW
0.0044 SCR
YEARLY AVERAGE
0.0047 SCR

2024 BIF to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.0053. Conversely, the yearly low was recorded on September 24, dropping to 0.0044.

This high-to-low spread represents a total annual volatility of 0.0008 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0047 to the December average rate of 0.0048, the exchange rate registered a net change of 2.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0053 was down 23.48% compared to the 2023 peak of 0.0069, 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 26 SCR
2023 Average 27 SCR
Yearly Trough Low 22 SCR
Transaction Impact: A difference of 4.15 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0048
0.0046
JanuMarcMayJulySeptNove

BIF to SCR 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 0.0047, compared to 0.0047 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) 0.0047
H2 Avg (Jul–Dec) 0.0047

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0008 SCR (High: 0.0053 / Low: 0.0044). On the other end, May was the most stable month, with a tight range of 0.0001 SCR (High: 0.0048 / Low: 0.0047).

August Spread (Volatile) ±0.0008
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0048) against the same month in 2023 (average: 0.0047), the exchange rate shifted by +0.0000 (+1.06%).

2024 Avg (August) 0.0048
2023 Avg (August) 0.0047

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0049 0.0046 0.0047
February 0.0048 0.0046 0.0047
March 0.0050 0.0047 0.0048
April 0.0050 0.0047 0.0047
May 0.0048 0.0047 0.0048
June 0.0051 0.0047 0.0048
July 0.0049 0.0047 0.0048
August 0.0053 0.0044 0.0048
September 0.0048 0.0044 0.0046
October 0.0051 0.0045 0.0047
November 0.0049 0.0045 0.0047
December 0.0051 0.0045 0.0048