2024 IRR to BIF Historical Review

YEARLY HIGH

0.0704 BIF

YEARLY LOW

0.0676 BIF

YEARLY AVERAGE

0.0685 BIF

2024 IRR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IRR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 0.0704. Conversely, the yearly low was recorded on January 7, dropping to 0.0676.

This high-to-low spread represents a total annual volatility of 0.0028 BIF. From a start-to-finish perspective, comparing the January average rate of 0.0679 to the December average rate of 0.0699, the exchange rate registered a net change of 2.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0704 was up 3.38% compared to the 2023 peak of 0.0681, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 352 BIF

2023 Average 302 BIF

Yearly Trough Low 338 BIF

Transaction Impact: A difference of 13.90 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0701

0.0677

JanuMarcMayJulySeptNove

IRR 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 0.0681, compared to 0.0690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0681

H2 Avg (Jul–Dec) 0.0690

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0016 BIF (High: 0.0704 / Low: 0.0688). On the other end, July was the most stable month, with a tight range of 0.0004 BIF (High: 0.0685 / Low: 0.0681).

November Spread (Volatile) ±0.0016

July Spread (Stable) ±0.0004

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 (November 2024: 0.0694) against the same month in 2023 (average: 0.0672), the exchange rate shifted by +0.0022 (+3.27%).

2024 Avg (November) 0.0694

2023 Avg (November) 0.0672

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0680	0.0676	0.0679
February	0.0683	0.0678	0.0680
March	0.0682	0.0678	0.0680
April	0.0683	0.0679	0.0681
May	0.0684	0.0680	0.0682
June	0.0688	0.0680	0.0683
July	0.0685	0.0681	0.0684
August	0.0687	0.0679	0.0684
September	0.0689	0.0685	0.0687
October	0.0701	0.0687	0.0690
November	0.0704	0.0688	0.0694
December	0.0703	0.0688	0.0699