2024 DJF to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DJF to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DJF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 16.6459. Conversely, the yearly low was recorded on February 4, dropping to 15.9778.
This high-to-low spread represents a total annual volatility of 0.6681 BIF. From a start-to-finish perspective, comparing the January average rate of 16.0384 to the December average rate of 16.5733, the exchange rate registered a net change of 3.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 16.6459 was up 3.42% compared to the 2023 peak of 16.0949, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DJF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
DJF 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 16.1082, compared to 16.3345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2264 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 0.4429 BIF (High: 16.6374 / Low: 16.1944). On the other end, July was the most stable month, with a tight range of 0.0660 BIF (High: 16.2286 / Low: 16.1626).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 16.5733) against the same month in 2023 (average: 16.0068), the exchange rate shifted by +0.5664 (+3.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.1166 | 15.9803 | 16.0384 |
| February | 16.1447 | 15.9778 | 16.0716 |
| March | 16.1536 | 16.0544 | 16.0940 |
| April | 16.1666 | 16.0790 | 16.1158 |
| May | 16.2646 | 16.0880 | 16.1518 |
| June | 16.2907 | 16.0558 | 16.1771 |
| July | 16.2286 | 16.1626 | 16.1893 |
| August | 16.3060 | 16.1842 | 16.2193 |
| September | 16.3122 | 16.1930 | 16.2655 |
| October | 16.5933 | 16.2717 | 16.3347 |
| November | 16.6374 | 16.1944 | 16.4252 |
| December | 16.6459 | 16.2798 | 16.5733 |