YEARLY HIGH
2261.3136 BIF
YEARLY LOW
2100.7241 BIF
YEARLY AVERAGE
2159.1565 BIF

2024 BND to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 2261.3136. Conversely, the yearly low was recorded on April 16, dropping to 2100.7241.

This high-to-low spread represents a total annual volatility of 160.5895 BIF. From a start-to-finish perspective, comparing the January average rate of 2137.3631 to the December average rate of 2183.4931, the exchange rate registered a net change of 2.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2261.3136 was up 4.61% compared to the 2023 peak of 2161.5747, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BND based on timing:

Yearly Peak High 11,306,568 BIF
2023 Average 9,483,790 BIF
Yearly Trough Low 10,503,621 BIF
Transaction Impact: A difference of 802,947.36 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2244.2408
2101.0954
JanuMarcMayJulySeptNove

BND to BIF 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 2127.1194, compared to 2191.1936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 64.0742 points.

H1 Avg (Jan–Jun) 2127.1194
H2 Avg (Jul–Dec) 2191.1936

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 78.0590 BIF (High: 2223.3949 / Low: 2145.3360). On the other end, June was the most stable month, with a tight range of 21.5079 BIF (High: 2141.6000 / Low: 2120.0921).

November Spread (Volatile) ±78.0590
June Spread (Stable) ±21.5079

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 31.0582 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -31.0582

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2232.3120) against the same month in 2023 (average: 2081.6723), the exchange rate shifted by +150.6397 (+7.24%).

2024 Avg (September) 2232.3120
2023 Avg (September) 2081.6723

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2159.0268 2124.4859 2137.3631
February 2141.3885 2117.5986 2126.8045
March 2153.8584 2118.8324 2134.1306
April 2130.0439 2100.7241 2113.0242
May 2134.1898 2101.6421 2123.8789
June 2141.6000 2120.0921 2127.5153
July 2147.9520 2117.5696 2138.3957
August 2216.7451 2153.2254 2189.5520
September 2261.3136 2201.5507 2232.3120
October 2256.6749 2192.9566 2217.2336
November 2223.3949 2145.3360 2186.1754
December 2206.7025 2160.1479 2183.4931