2024 CHF to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CHF to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CHF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 3444.3335. Conversely, the yearly low was recorded on April 30, dropping to 3119.1999.
This high-to-low spread represents a total annual volatility of 325.1336 BIF. From a start-to-finish perspective, comparing the January average rate of 3325.1834 to the December average rate of 3304.9205, the exchange rate registered a net change of -0.61% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 3444.3335 was up 1.48% compared to the 2023 peak of 3393.9477, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CHF to BIF 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: Jan–Jun) was 3221.2433, compared to 3333.2863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 112.0430 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 134.5364 BIF (High: 3432.1883 / Low: 3297.6519). On the other end, September was the most stable month, with a tight range of 52.5234 BIF (High: 3444.3335 / Low: 3391.8101).
Growth Streaks & Declines
TrendsBetween 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 March and April, when the average rate fell by 70.4037 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 3416.6735) against the same month in 2023 (average: 3154.6945), the exchange rate shifted by +261.9790 (+8.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3392.9198 | 3278.3699 | 3325.1834 |
| February | 3333.5743 | 3216.9006 | 3261.3182 |
| March | 3267.8287 | 3161.7745 | 3219.0528 |
| April | 3174.3442 | 3119.1999 | 3148.6491 |
| May | 3187.2096 | 3129.4055 | 3157.0730 |
| June | 3254.8510 | 3179.0725 | 3216.1833 |
| July | 3278.3432 | 3183.6447 | 3228.3324 |
| August | 3432.1883 | 3297.6519 | 3359.5250 |
| September | 3444.3335 | 3391.8101 | 3416.6735 |
| October | 3429.3007 | 3344.1085 | 3372.7691 |
| November | 3372.9690 | 3238.9796 | 3317.4974 |
| December | 3369.3393 | 3258.3568 | 3304.9205 |