YEARLY HIGH
0.0129 SRD
YEARLY LOW
0.0099 SRD
YEARLY AVERAGE
0.0115 SRD

2024 BIF to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0129. Conversely, the yearly low was recorded on August 15, dropping to 0.0099.

This high-to-low spread represents a total annual volatility of 0.0030 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0129 to the December average rate of 0.0119, the exchange rate registered a net change of -7.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0129 was down 28.59% compared to the 2023 peak of 0.0181, 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 65 SRD
2023 Average 73 SRD
Yearly Trough Low 50 SRD
Transaction Impact: A difference of 15.11 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0131
0.0097
JanuMarcMayJulySeptNove

BIF to SRD 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 0.0120, compared to 0.0110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0120
H2 Avg (Jul–Dec) 0.0110

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0013 SRD (High: 0.0118 / Low: 0.0106). On the other end, August was the most stable month, with a tight range of 0.0002 SRD (High: 0.0101 / Low: 0.0099).

October Spread (Volatile) ±0.0013
August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0129) against the same month in 2023 (average: 0.0154), the exchange rate shifted by -0.0025 (-16.39%).

2024 Avg (January) 0.0129
2023 Avg (January) 0.0154

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0129 0.0128 0.0129
February 0.0128 0.0123 0.0126
March 0.0124 0.0122 0.0123
April 0.0123 0.0118 0.0121
May 0.0118 0.0112 0.0114
June 0.0112 0.0106 0.0109
July 0.0107 0.0100 0.0103
August 0.0101 0.0099 0.0100
September 0.0106 0.0100 0.0103
October 0.0118 0.0106 0.0112
November 0.0123 0.0118 0.0120
December 0.0122 0.0118 0.0119