2024 CAD to BIF Historical Review

YEARLY HIGH

2159.7580 BIF

YEARLY LOW

2044.0241 BIF

YEARLY AVERAGE

2105.1731 BIF

2024 CAD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 2159.7580. Conversely, the yearly low was recorded on December 18, dropping to 2044.0241.

This high-to-low spread represents a total annual volatility of 115.7340 BIF. From a start-to-finish perspective, comparing the January average rate of 2126.5970 to the December average rate of 2066.9761, the exchange rate registered a net change of -2.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2159.7580 was down 0.20% compared to the 2023 peak of 2164.1135, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,798,790 BIF

2023 Average 9,441,191 BIF

Yearly Trough Low 10,220,120 BIF

Transaction Impact: A difference of 578,669.88 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2142.9594

2060.0685

JanuMarcMayJulySeptNove

CAD 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 2108.6077, compared to 2101.7385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.8692 points.

H1 Avg (Jan–Jun) 2108.6077

H2 Avg (Jul–Dec) 2101.7385

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 87.2308 BIF (High: 2147.3859 / Low: 2060.1552). On the other end, June was the most stable month, with a tight range of 23.3452 BIF (High: 2108.2168 / Low: 2084.8716).

August Spread (Volatile) ±87.2308

June Spread (Stable) ±23.3452

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 24.7399 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -24.7399

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2136.0518) against the same month in 2023 (average: 2092.9113), the exchange rate shifted by +43.1405 (+2.06%).

2024 Avg (September) 2136.0518

2023 Avg (September) 2092.9113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2156.8049	2110.7283	2126.5970
February	2136.0210	2099.7097	2119.2169
March	2125.9667	2090.4712	2112.7466
April	2115.1665	2073.4405	2094.6549
May	2112.2985	2088.8541	2099.7737
June	2108.2168	2084.8716	2098.6573
July	2117.9175	2079.3957	2099.0289
August	2147.3859	2060.1552	2107.9215
September	2159.7580	2122.8968	2136.0518
October	2150.8820	2083.6808	2111.3119
November	2124.4511	2055.4605	2089.1410
December	2096.5804	2044.0241	2066.9761