YEARLY HIGH
0.0881 YER
YEARLY LOW
0.0844 YER
YEARLY AVERAGE
0.0868 YER

2024 BIF to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0881. Conversely, the yearly low was recorded on November 16, dropping to 0.0844.

This high-to-low spread represents a total annual volatility of 0.0038 YER. From a start-to-finish perspective, comparing the January average rate of 0.0877 to the December average rate of 0.0848, the exchange rate registered a net change of -3.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0881 was down 27.80% compared to the 2023 peak of 0.1221, 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 441 YER
2023 Average 502 YER
Yearly Trough Low 422 YER
Transaction Impact: A difference of 18.84 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0880
0.0845
JanuMarcMayJulySeptNove

BIF to YER 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 0.0874, compared to 0.0862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0874
H2 Avg (Jul–Dec) 0.0862

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0021 YER (High: 0.0865 / Low: 0.0844). On the other end, July was the most stable month, with a tight range of 0.0004 YER (High: 0.0872 / Low: 0.0868).

December Spread (Volatile) ±0.0021
July Spread (Stable) ±0.0004

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 0.0007 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0877) against the same month in 2023 (average: 0.1210), the exchange rate shifted by -0.0333 (-27.49%).

2024 Avg (January) 0.0877
2023 Avg (January) 0.1210

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0881 0.0875 0.0877
February 0.0878 0.0870 0.0875
March 0.0879 0.0873 0.0875
April 0.0876 0.0871 0.0874
May 0.0875 0.0869 0.0872
June 0.0873 0.0864 0.0870
July 0.0872 0.0868 0.0870
August 0.0875 0.0865 0.0869
September 0.0869 0.0863 0.0865
October 0.0866 0.0848 0.0862
November 0.0863 0.0844 0.0856
December 0.0865 0.0844 0.0848