2024 BIF to XAF Historical Review

YEARLY HIGH

0.2175 XAF

YEARLY LOW

0.2022 XAF

YEARLY AVERAGE

0.2102 XAF

2024 BIF to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.2175. Conversely, the yearly low was recorded on September 24, dropping to 0.2022.

This high-to-low spread represents a total annual volatility of 0.0153 XAF. From a start-to-finish perspective, comparing the January average rate of 0.2107 to the December average rate of 0.2125, the exchange rate registered a net change of 0.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2175 was down 27.82% compared to the 2023 peak of 0.3013, 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 1,087 XAF

2023 Average 1,217 XAF

Yearly Trough Low 1,011 XAF

Transaction Impact: A difference of 76.34 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2145

0.2031

JanuMarcMayJulySeptNove

BIF to XAF 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 0.2118, compared to 0.2086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.2118

H2 Avg (Jul–Dec) 0.2086

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0108 XAF (High: 0.2175 / Low: 0.2067). On the other end, February was the most stable month, with a tight range of 0.0036 XAF (High: 0.2146 / Low: 0.2110).

November Spread (Volatile) ±0.0108

February Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.2113) against the same month in 2023 (average: 0.2135), the exchange rate shifted by -0.0022 (-1.03%).

2024 Avg (November) 0.2113

2023 Avg (November) 0.2135

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2129	0.2081	0.2107
February	0.2146	0.2110	0.2125
March	0.2129	0.2090	0.2109
April	0.2155	0.2107	0.2135
May	0.2134	0.2096	0.2114
June	0.2138	0.2093	0.2119
July	0.2124	0.2083	0.2099
August	0.2112	0.2032	0.2066
September	0.2060	0.2022	0.2040
October	0.2098	0.2038	0.2072
November	0.2175	0.2067	0.2113
December	0.2144	0.2098	0.2125