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2024 BTN to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BTN to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 34.3850. Conversely, the yearly low was recorded on January 20, dropping to 32.0039.
This high-to-low spread represents a total annual volatility of 2.3810 CDF. From a start-to-finish perspective, comparing the January average rate of 32.7538 to the December average rate of 33.5991, the exchange rate registered a net change of 2.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 34.3850 was up 2.47% compared to the 2023 peak of 33.5556, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BTN based on timing:
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BTN to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 33.3932, compared to 33.9136 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 0.5205 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 1.1546 CDF (High: 33.1585 / Low: 32.0039). On the other end, November was the most stable month, with a tight range of 0.3770 CDF (High: 34.1661 / Low: 33.7891).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3184 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 34.0302) against the same month in 2023 (average: 30.0739), the exchange rate shifted by +3.9563 (+13.16%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 33.1585 | 32.0039 | 32.7538 |
| February | 33.4411 | 32.9784 | 33.2132 |
| March | 33.6289 | 33.1809 | 33.4346 |
| April | 33.8378 | 33.2575 | 33.4934 |
| May | 33.8697 | 33.2819 | 33.5392 |
| June | 34.1469 | 33.5139 | 33.9249 |
| July | 34.3850 | 33.7793 | 34.0302 |
| August | 34.3542 | 33.6058 | 33.9885 |
| September | 34.2419 | 33.7670 | 33.9850 |
| October | 34.2290 | 33.7505 | 33.9614 |
| November | 34.1661 | 33.7891 | 33.9175 |
| December | 33.9256 | 33.2544 | 33.5991 |