2024 EUR to BIF Historical Review

YEARLY HIGH

3243.8294 BIF

YEARLY LOW

3016.0963 BIF

YEARLY AVERAGE

3121.2198 BIF

2024 EUR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 3243.8294. Conversely, the yearly low was recorded on November 22, dropping to 3016.0963.

This high-to-low spread represents a total annual volatility of 227.7331 BIF. From a start-to-finish perspective, comparing the January average rate of 3113.1639 to the December average rate of 3086.8394, the exchange rate registered a net change of -0.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3243.8294 was up 1.77% compared to the 2023 peak of 3187.5422, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,219,147 BIF

2023 Average 13,792,410 BIF

Yearly Trough Low 15,080,481 BIF

Transaction Impact: A difference of 1,138,665.44 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3229.5974

3058.0060

JanuMarcMayJulySeptNove

EUR 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 3096.9109, compared to 3145.5288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 48.6179 points.

H1 Avg (Jan–Jun) 3096.9109

H2 Avg (Jul–Dec) 3145.5288

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 157.9308 BIF (High: 3174.0270 / Low: 3016.0963). On the other end, February was the most stable month, with a tight range of 51.7438 BIF (High: 3108.9841 / Low: 3057.2402).

November Spread (Volatile) ±157.9308

February Spread (Stable) ±51.7438

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 October and November, when the average rate fell by 60.9268 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -60.9268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 3215.2981) against the same month in 2023 (average: 3028.3472), the exchange rate shifted by +186.9509 (+6.17%).

2024 Avg (September) 3215.2981

2023 Avg (September) 3028.3472

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3152.6675	3081.4970	3113.1639
February	3108.9841	3057.2402	3087.0384
March	3139.1445	3081.6936	3110.0368
April	3112.8158	3043.7979	3072.3053
May	3128.9779	3074.1286	3103.3502
June	3134.0035	3068.1420	3095.5706
July	3148.7465	3089.0147	3124.7819
August	3227.5542	3105.1749	3175.6912
September	3243.8294	3185.0176	3215.2981
October	3219.1208	3126.7355	3165.7445
November	3174.0270	3016.0963	3104.8177
December	3127.3072	3059.6132	3086.8394