2024 BIF to SYP Historical Review

YEARLY HIGH

4.4155 SYP

YEARLY LOW

0.8482 SYP

YEARLY AVERAGE

0.9761 SYP

2024 BIF to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 4.4155. Conversely, the yearly low was recorded on November 16, dropping to 0.8482.

This high-to-low spread represents a total annual volatility of 3.5672 SYP. From a start-to-finish perspective, comparing the January average rate of 0.8805 to the December average rate of 2.1121, the exchange rate registered a net change of 139.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4.4155 was up 260.36% compared to the 2023 peak of 1.2253, 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 22,077 SYP

2023 Average 5,043 SYP

Yearly Trough Low 4,241 SYP

Transaction Impact: A difference of 17,836.14 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2373

0.7350

JanuMarcMayJulySeptNove

BIF to SYP 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 0.8772, compared to 1.0751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1979 points.

H1 Avg (Jan–Jun) 0.8772

H2 Avg (Jul–Dec) 1.0751

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 3.5666 SYP (High: 4.4155 / Low: 0.8489). On the other end, July was the most stable month, with a tight range of 0.0043 SYP (High: 0.8753 / Low: 0.8711).

December Spread (Volatile) ±3.5666

July Spread (Stable) ±0.0043

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 October and November, when the average rate fell by 0.0047 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.1121) against the same month in 2023 (average: 0.8814), the exchange rate shifted by +1.2308 (+139.65%).

2024 Avg (December) 2.1121

2023 Avg (December) 0.8814

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8843	0.8785	0.8805
February	0.8813	0.8743	0.8786
March	0.8821	0.8759	0.8783
April	0.8793	0.8742	0.8768
May	0.8790	0.8736	0.8755
June	0.8762	0.8673	0.8735
July	0.8753	0.8711	0.8728
August	0.8785	0.8684	0.8722
September	0.8720	0.8659	0.8682
October	0.8686	0.8515	0.8649
November	0.8679	0.8482	0.8602
December	4.4155	0.8489	2.1121