2024 ETB to BIF Historical Review

YEARLY HIGH

50.8628 BIF

YEARLY LOW

22.8296 BIF

YEARLY AVERAGE

39.6783 BIF

2024 ETB to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 50.8628. Conversely, the yearly low was recorded on December 6, dropping to 22.8296.

This high-to-low spread represents a total annual volatility of 28.0332 BIF. From a start-to-finish perspective, comparing the January average rate of 50.5707 to the December average rate of 23.2769, the exchange rate registered a net change of -53.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 50.8628 was down 2.52% compared to the 2023 peak of 52.1767, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 254,314 BIF

2023 Average 232,385 BIF

Yearly Trough Low 114,148 BIF

Transaction Impact: A difference of 140,166.23 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

53.3001

20.5475

JanuMarcMayJulySeptNove

ETB 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 50.3233, compared to 29.0334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 21.2900 points.

H1 Avg (Jan–Jun) 50.3233

H2 Avg (Jul–Dec) 29.0334

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 12.0702 BIF (High: 50.2435 / Low: 38.1733). On the other end, March was the most stable month, with a tight range of 0.4546 BIF (High: 50.7699 / Low: 50.3153).

July Spread (Volatile) ±12.0702

March Spread (Stable) ±0.4546

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 21.1828 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -21.1828

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 50.5048) against the same month in 2023 (average: 38.6010), the exchange rate shifted by +11.9038 (+30.84%).

2024 Avg (February) 50.5048

2023 Avg (February) 38.6010

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	50.8376	50.3721	50.5707
February	50.8628	50.2554	50.5048
March	50.7699	50.3153	50.4267
April	50.6039	49.9546	50.3575
May	50.3803	49.8652	50.0596
June	50.7395	49.8112	50.0204
July	50.2435	38.1733	49.5318
August	36.5263	25.6133	28.3489
September	26.1689	24.1813	25.0780
October	24.5562	23.7854	24.1356
November	24.3865	23.1844	23.8289
December	23.7764	22.8296	23.2769