2024 INR to BIF Historical Review

YEARLY HIGH

35.1069 BIF

YEARLY LOW

34.0739 BIF

YEARLY AVERAGE

34.4712 BIF

2024 INR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 35.1069. Conversely, the yearly low was recorded on March 23, dropping to 34.0739.

This high-to-low spread represents a total annual volatility of 1.0329 BIF. From a start-to-finish perspective, comparing the January average rate of 34.3338 to the December average rate of 34.6767, the exchange rate registered a net change of 1.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 35.1069 was up 1.23% compared to the 2023 peak of 34.6797, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 8,776,720 BIF

2023 Average 7,711,425 BIF

Yearly Trough Low 8,518,485 BIF

Transaction Impact: A difference of 258,234.69 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

34.7110

34.2995

JanuMarcMayJulySeptNove

INR 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 34.4132, compared to 34.5293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1161 points.

H1 Avg (Jan–Jun) 34.4132

H2 Avg (Jul–Dec) 34.5293

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.8476 BIF (High: 35.0835 / Low: 34.2359). On the other end, July was the most stable month, with a tight range of 0.1868 BIF (High: 34.5457 / Low: 34.3589).

November Spread (Volatile) ±0.8476

July Spread (Stable) ±0.1868

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0938 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0938

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 34.5649) against the same month in 2023 (average: 34.1038), the exchange rate shifted by +0.4611 (+1.35%).

2024 Avg (October) 34.5649

2023 Avg (October) 34.1038

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.4090	34.1621	34.3338
February	34.6231	34.3702	34.4674
March	34.6637	34.0739	34.4433
April	34.4592	34.1775	34.3520
May	34.5658	34.2949	34.4277
June	34.6808	34.3193	34.4548
July	34.5457	34.3589	34.4338
August	34.4836	34.1552	34.3400
September	34.7328	34.3091	34.5340
October	35.1069	34.4016	34.5649
November	35.0835	34.2359	34.6263
December	34.9412	34.1908	34.6767