2024 GMD to BIF Historical Review

YEARLY HIGH

43.0766 BIF

YEARLY LOW

40.4895 BIF

YEARLY AVERAGE

41.9298 BIF

2024 GMD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 43.0766. Conversely, the yearly low was recorded on December 6, dropping to 40.4895.

This high-to-low spread represents a total annual volatility of 2.5871 BIF. From a start-to-finish perspective, comparing the January average rate of 42.4039 to the December average rate of 41.0480, the exchange rate registered a net change of -3.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 43.0766 was down 9.96% compared to the 2023 peak of 47.8400, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 215,383 BIF

2023 Average 204,584 BIF

Yearly Trough Low 202,448 BIF

Transaction Impact: A difference of 12,935.59 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

42.5868

40.9081

JanuMarcMayJulySeptNove

GMD 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 42.3032, compared to 41.5563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7469 points.

H1 Avg (Jan–Jun) 42.3032

H2 Avg (Jul–Dec) 41.5563

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.9644 BIF (High: 43.0766 / Low: 41.1122). On the other end, January was the most stable month, with a tight range of 0.2472 BIF (High: 42.5298 / Low: 42.2825).

October Spread (Volatile) ±1.9644

January Spread (Stable) ±0.2472

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 1.1934 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1934

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 41.9350) against the same month in 2023 (average: 43.2581), the exchange rate shifted by -1.3231 (-3.06%).

2024 Avg (October) 41.9350

2023 Avg (October) 43.2581

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	42.5298	42.2825	42.4039
February	42.6214	41.9875	42.3040
March	42.2304	41.9192	42.1133
April	42.3606	42.0520	42.2048
May	42.4518	42.0952	42.3463
June	42.7435	42.3237	42.4469
July	42.5582	41.4276	42.4423
August	41.7709	40.5675	41.2489
September	42.3479	40.6020	41.6061
October	43.0766	41.1122	41.9350
November	41.7199	40.4895	41.0576
December	41.5323	40.4895	41.0480