YEARLY HIGH
0.2009 SOS
YEARLY LOW
0.1933 SOS
YEARLY AVERAGE
0.1981 SOS

2024 BIF to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.2009. Conversely, the yearly low was recorded on December 30, dropping to 0.1933.

This high-to-low spread represents a total annual volatility of 0.0076 SOS. From a start-to-finish perspective, comparing the January average rate of 0.2002 to the December average rate of 0.1938, the exchange rate registered a net change of -3.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2009 was down 27.49% compared to the 2023 peak of 0.2770, 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 1,004 SOS
2023 Average 1,143 SOS
Yearly Trough Low 966 SOS
Transaction Impact: A difference of 38.14 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2008
0.1932
JanuMarcMayJulySeptNove

BIF to SOS 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 0.1995, compared to 0.1967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.1995
H2 Avg (Jul–Dec) 0.1967

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0047 SOS (High: 0.1982 / Low: 0.1934). On the other end, July was the most stable month, with a tight range of 0.0005 SOS (High: 0.1986 / Low: 0.1981).

November Spread (Volatile) ±0.0047
July Spread (Stable) ±0.0005

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 0.0019 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1999) against the same month in 2023 (average: 0.2743), the exchange rate shifted by -0.0744 (-27.11%).

2024 Avg (February) 0.1999
2023 Avg (February) 0.2743

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2007 0.1992 0.2002
February 0.2009 0.1992 0.1999
March 0.2001 0.1992 0.1997
April 0.1997 0.1988 0.1994
May 0.1995 0.1977 0.1990
June 0.1999 0.1971 0.1986
July 0.1986 0.1981 0.1984
August 0.1985 0.1968 0.1981
September 0.1982 0.1971 0.1975
October 0.1976 0.1937 0.1968
November 0.1982 0.1934 0.1957
December 0.1975 0.1933 0.1938