YEARLY HIGH
1.0752 BIF
YEARLY LOW
1.0009 BIF
YEARLY AVERAGE
1.0247 BIF

2024 CDF to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 1.0752. Conversely, the yearly low was recorded on August 3, dropping to 1.0009.

This high-to-low spread represents a total annual volatility of 0.0743 BIF. From a start-to-finish perspective, comparing the January average rate of 1.0484 to the December average rate of 1.0328, the exchange rate registered a net change of -1.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0752 was down 13.25% compared to the 2023 peak of 1.2394, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,376 BIF
2023 Average 5,431 BIF
Yearly Trough Low 5,004 BIF
Transaction Impact: A difference of 371.59 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0522
1.0074
JanuMarcMayJulySeptNove

CDF 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 1.0310, compared to 1.0185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 1.0310
H2 Avg (Jul–Dec) 1.0185

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0379 BIF (High: 1.0752 / Low: 1.0373). On the other end, March was the most stable month, with a tight range of 0.0114 BIF (High: 1.0356 / Low: 1.0242).

January Spread (Volatile) ±0.0379
March Spread (Stable) ±0.0114

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0109 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.0484) against the same month in 2023 (average: 1.0099), the exchange rate shifted by +0.0385 (+3.82%).

2024 Avg (January) 1.0484
2023 Avg (January) 1.0099

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0752 1.0373 1.0484
February 1.0477 1.0323 1.0376
March 1.0356 1.0242 1.0312
April 1.0333 1.0147 1.0265
May 1.0305 1.0173 1.0266
June 1.0266 1.0087 1.0157
July 1.0193 1.0024 1.0123
August 1.0211 1.0009 1.0111
September 1.0207 1.0087 1.0160
October 1.0397 1.0059 1.0174
November 1.0353 1.0084 1.0212
December 1.0394 1.0084 1.0328