YEARLY HIGH
0.1393 BIF
YEARLY LOW
0.1296 BIF
YEARLY AVERAGE
0.1337 BIF

2024 LAK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LAK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1393. Conversely, the yearly low was recorded on August 3, dropping to 0.1296.

This high-to-low spread represents a total annual volatility of 0.0096 BIF. From a start-to-finish perspective, comparing the January average rate of 0.1382 to the December average rate of 0.1347, the exchange rate registered a net change of -2.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1393 was down 13.04% compared to the 2023 peak of 0.1601, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 696 BIF
2023 Average 679 BIF
Yearly Trough Low 648 BIF
Transaction Impact: A difference of 48.10 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1390
0.1292
JanuMarcMayJulySeptNove

LAK 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 0.1355, compared to 0.1319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.1355
H2 Avg (Jul–Dec) 0.1319

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0037 BIF (High: 0.1345 / Low: 0.1308). On the other end, July was the most stable month, with a tight range of 0.0006 BIF (High: 0.1304 / Low: 0.1298).

October Spread (Volatile) ±0.0037
July Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0025 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1382) against the same month in 2023 (average: 0.1218), the exchange rate shifted by +0.0164 (+13.47%).

2024 Avg (January) 0.1382
2023 Avg (January) 0.1218

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1393 0.1376 0.1382
February 0.1385 0.1369 0.1372
March 0.1377 0.1356 0.1367
April 0.1356 0.1343 0.1349
May 0.1354 0.1337 0.1344
June 0.1337 0.1303 0.1319
July 0.1304 0.1298 0.1300
August 0.1309 0.1296 0.1302
September 0.1314 0.1304 0.1309
October 0.1345 0.1308 0.1321
November 0.1346 0.1318 0.1331
December 0.1353 0.1321 0.1347