YEARLY HIGH
0.0010 XCD
YEARLY LOW
0.0009 XCD
YEARLY AVERAGE
0.0009 XCD

2024 BIF to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0010. Conversely, the yearly low was recorded on November 16, dropping to 0.0009.

This high-to-low spread represents a total annual volatility of 0.0000 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0009 to the December average rate of 0.0009, the exchange rate registered a net change of -3.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0010 was down 27.83% compared to the 2023 peak of 0.0013, 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 5 XCD
2023 Average 5 XCD
Yearly Trough Low 5 XCD
Transaction Impact: A difference of 0.19 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0010
0.0009
JanuMarcMayJulySeptNove

BIF to XCD 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 0.0009, compared to 0.0009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0009
H2 Avg (Jul–Dec) 0.0009

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0000 XCD (High: 0.0009 / Low: 0.0009). On the other end, July was the most stable month, with a tight range of 0.0000 XCD (High: 0.0009 / Low: 0.0009).

November Spread (Volatile) ±0.0000
July Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0009) against the same month in 2023 (average: 0.0013), the exchange rate shifted by -0.0004 (-27.49%).

2024 Avg (January) 0.0009
2023 Avg (January) 0.0013

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0010 0.0009 0.0009
February 0.0009 0.0009 0.0009
March 0.0009 0.0009 0.0009
April 0.0009 0.0009 0.0009
May 0.0009 0.0009 0.0009
June 0.0009 0.0009 0.0009
July 0.0009 0.0009 0.0009
August 0.0009 0.0009 0.0009
September 0.0009 0.0009 0.0009
October 0.0009 0.0009 0.0009
November 0.0009 0.0009 0.0009
December 0.0009 0.0009 0.0009