YEARLY HIGH
34.5117 BIF
YEARLY LOW
31.8218 BIF
YEARLY AVERAGE
33.1205 BIF

2024 KGS to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 34.5117. Conversely, the yearly low was recorded on March 23, dropping to 31.8218.

This high-to-low spread represents a total annual volatility of 2.6899 BIF. From a start-to-finish perspective, comparing the January average rate of 31.9695 to the December average rate of 33.9174, the exchange rate registered a net change of 6.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 34.5117 was up 5.89% compared to the 2023 peak of 32.5912, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 172,558 BIF
2023 Average 144,895 BIF
Yearly Trough Low 159,109 BIF
Transaction Impact: A difference of 13,449.30 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

34.5515
31.7348
JanuMarcMayJulySeptNove

KGS 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 32.2752, compared to 33.9657 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6905 points.

H1 Avg (Jan–Jun) 32.2752
H2 Avg (Jul–Dec) 33.9657

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.0107 BIF (High: 34.3632 / Low: 33.3525). On the other end, January was the most stable month, with a tight range of 0.2133 BIF (High: 32.0816 / Low: 31.8683).

November Spread (Volatile) ±1.0107
January Spread (Stable) ±0.2133

Growth Streaks & Declines

Trends

Between March and July, 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 September and October, when the average rate fell by 0.2654 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2654

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 34.0514) against the same month in 2023 (average: 31.8530), the exchange rate shifted by +2.1984 (+6.90%).

2024 Avg (October) 34.0514
2023 Avg (October) 31.8530

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.0816 31.8683 31.9695
February 32.1736 31.8791 31.9836
March 32.0754 31.8218 31.9746
April 32.3694 32.0072 32.1748
May 32.7832 32.2446 32.5216
June 33.3058 32.6922 33.0271
July 34.2905 33.3186 33.8546
August 34.2587 33.5313 33.8225
September 34.4445 34.0380 34.3168
October 34.5117 33.8065 34.0514
November 34.3632 33.3525 33.8316
December 34.0990 33.3525 33.9174