2024 GNF to BIF Historical Review

YEARLY HIGH

0.3428 BIF

YEARLY LOW

0.3309 BIF

YEARLY AVERAGE

0.3349 BIF

2024 GNF to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.3428. Conversely, the yearly low was recorded on January 23, dropping to 0.3309.

This high-to-low spread represents a total annual volatility of 0.0119 BIF. From a start-to-finish perspective, comparing the January average rate of 0.3320 to the December average rate of 0.3415, the exchange rate registered a net change of 2.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3428 was up 2.75% compared to the 2023 peak of 0.3336, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,714 BIF

2023 Average 1,479 BIF

Yearly Trough Low 1,655 BIF

Transaction Impact: A difference of 59.44 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3425

0.3310

JanuMarcMayJulySeptNove

GNF 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 0.3332, compared to 0.3367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.3332

H2 Avg (Jul–Dec) 0.3367

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0083 BIF (High: 0.3428 / Low: 0.3345). On the other end, May was the most stable month, with a tight range of 0.0013 BIF (High: 0.3345 / Low: 0.3332).

November Spread (Volatile) ±0.0083

May Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.3386) against the same month in 2023 (average: 0.3302), the exchange rate shifted by +0.0084 (+2.55%).

2024 Avg (November) 0.3386

2023 Avg (November) 0.3302

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3329	0.3309	0.3320
February	0.3334	0.3316	0.3324
March	0.3337	0.3312	0.3329
April	0.3350	0.3330	0.3335
May	0.3345	0.3332	0.3340
June	0.3366	0.3339	0.3343
July	0.3352	0.3330	0.3344
August	0.3356	0.3334	0.3343
September	0.3358	0.3338	0.3349
October	0.3420	0.3345	0.3363
November	0.3428	0.3345	0.3386
December	0.3428	0.3357	0.3415