YEARLY HIGH
0.0145 UAH
YEARLY LOW
0.0131 UAH
YEARLY AVERAGE
0.0139 UAH

2024 BIF to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.0145. Conversely, the yearly low was recorded on February 1, dropping to 0.0131.

This high-to-low spread represents a total annual volatility of 0.0014 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0133 to the December average rate of 0.0142, the exchange rate registered a net change of 6.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0145 was down 19.00% compared to the 2023 peak of 0.0179, 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 72 UAH
2023 Average 74 UAH
Yearly Trough Low 66 UAH
Transaction Impact: A difference of 6.76 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0144
0.0132
JanuMarcMayJulySeptNove

BIF to UAH 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 0.0136, compared to 0.0142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0136
H2 Avg (Jul–Dec) 0.0142

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0004 UAH (High: 0.0137 / Low: 0.0133). On the other end, September was the most stable month, with a tight range of 0.0002 UAH (High: 0.0143 / Low: 0.0142).

March Spread (Volatile) ±0.0004
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0142) against the same month in 2023 (average: 0.0130), the exchange rate shifted by +0.0012 (+9.40%).

2024 Avg (July) 0.0142
2023 Avg (July) 0.0130

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0134 0.0131 0.0133
February 0.0135 0.0131 0.0133
March 0.0137 0.0133 0.0135
April 0.0139 0.0136 0.0137
May 0.0141 0.0137 0.0138
June 0.0142 0.0140 0.0141
July 0.0145 0.0141 0.0142
August 0.0144 0.0142 0.0143
September 0.0143 0.0142 0.0143
October 0.0143 0.0140 0.0142
November 0.0144 0.0140 0.0142
December 0.0143 0.0140 0.0142