2024 FJD to BIF Historical Review

YEARLY HIGH

1326.9985 BIF

YEARLY LOW

1250.5275 BIF

YEARLY AVERAGE

1282.3304 BIF

2024 FJD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 1326.9985. Conversely, the yearly low was recorded on April 23, dropping to 1250.5275.

This high-to-low spread represents a total annual volatility of 76.4710 BIF. From a start-to-finish perspective, comparing the January average rate of 1277.6555 to the December average rate of 1277.6278, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1326.9985 was up 1.70% compared to the 2023 peak of 1304.7663, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,634,992 BIF

2023 Average 5,708,033 BIF

Yearly Trough Low 6,252,637 BIF

Transaction Impact: A difference of 382,355.04 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1315.4035

1259.7311

JanuMarcMayJulySeptNove

FJD 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 1272.6190, compared to 1292.0418 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.4227 points.

H1 Avg (Jan–Jun) 1272.6190

H2 Avg (Jul–Dec) 1292.0418

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 49.4495 BIF (High: 1324.1692 / Low: 1274.7197). On the other end, June was the most stable month, with a tight range of 24.4217 BIF (High: 1293.7380 / Low: 1269.3163).

October Spread (Volatile) ±49.4495

June Spread (Stable) ±24.4217

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 11.7258 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -11.7258

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1310.7641) against the same month in 2023 (average: 1248.7701), the exchange rate shifted by +61.9940 (+4.96%).

2024 Avg (September) 1310.7641

2023 Avg (September) 1248.7701

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1301.4192	1258.6743	1277.6555
February	1282.2119	1253.5240	1271.4813
March	1287.6509	1253.5191	1270.6114
April	1280.7634	1250.5275	1264.3704
May	1290.7279	1252.0359	1272.0977
June	1293.7380	1269.3163	1279.4979
July	1294.3484	1269.0215	1282.9592
August	1313.0794	1266.1515	1291.4088
September	1326.9985	1285.9344	1310.7641
October	1324.1692	1274.7197	1300.6083
November	1317.7487	1271.9963	1288.8825
December	1297.7027	1264.7696	1277.6278