YEARLY HIGH
14.1425 BIF
YEARLY LOW
13.3712 BIF
YEARLY AVERAGE
13.7863 BIF

2024 GYD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 14.1425. Conversely, the yearly low was recorded on March 13, dropping to 13.3712.

This high-to-low spread represents a total annual volatility of 0.7713 BIF. From a start-to-finish perspective, comparing the January average rate of 13.6348 to the December average rate of 14.0959, the exchange rate registered a net change of 3.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.1425 was up 3.63% compared to the 2023 peak of 13.6474, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,712 BIF
2023 Average 60,659 BIF
Yearly Trough Low 66,856 BIF
Transaction Impact: A difference of 3,856.41 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.1420
13.5886
JanuMarcMayJulySeptNove

GYD 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 13.6875, compared to 13.8852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1978 points.

H1 Avg (Jan–Jun) 13.6875
H2 Avg (Jul–Dec) 13.8852

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.3386 BIF (High: 13.7098 / Low: 13.3712). On the other end, May was the most stable month, with a tight range of 0.0562 BIF (High: 13.7476 / Low: 13.6914).

March Spread (Volatile) ±0.3386
May Spread (Stable) ±0.0562

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 14.0959) against the same month in 2023 (average: 13.6081), the exchange rate shifted by +0.4878 (+3.58%).

2024 Avg (December) 14.0959
2023 Avg (December) 13.6081

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.6683 13.6047 13.6348
February 13.7333 13.5983 13.6635
March 13.7098 13.3712 13.6657
April 13.7429 13.6564 13.6939
May 13.7476 13.6914 13.7186
June 13.8492 13.7192 13.7482
July 13.7889 13.7292 13.7644
August 13.8333 13.7501 13.7803
September 13.8605 13.7774 13.8307
October 14.1008 13.8207 13.8783
November 14.1257 13.8272 13.9616
December 14.1425 13.8381 14.0959