YEARLY HIGH
615.5313 BIF
YEARLY LOW
586.3709 BIF
YEARLY AVERAGE
597.1962 BIF

2024 LYD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LYD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 615.5313. Conversely, the yearly low was recorded on April 17, dropping to 586.3709.

This high-to-low spread represents a total annual volatility of 29.1604 BIF. From a start-to-finish perspective, comparing the January average rate of 593.8653 to the December average rate of 602.4446, the exchange rate registered a net change of 1.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 615.5313 was up 2.55% compared to the 2023 peak of 600.2473, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,077,656 BIF
2023 Average 2,647,921 BIF
Yearly Trough Low 2,931,854 BIF
Transaction Impact: A difference of 145,801.78 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

610.0990
588.9590
JanuMarcMayJulySeptNove

LYD 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 592.2753, compared to 602.1171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.8418 points.

H1 Avg (Jan–Jun) 592.2753
H2 Avg (Jul–Dec) 602.1171

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 16.5824 BIF (High: 608.2065 / Low: 591.6241). On the other end, January was the most stable month, with a tight range of 6.3858 BIF (High: 597.9066 / Low: 591.5209).

November Spread (Volatile) ±16.5824
January Spread (Stable) ±6.3858

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 4.9567 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -4.9567

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 605.5297) against the same month in 2023 (average: 580.3171), the exchange rate shifted by +25.2126 (+4.34%).

2024 Avg (October) 605.5297
2023 Avg (October) 580.3171

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 597.9066 591.5209 593.8653
February 595.5959 588.9203 591.0022
March 596.1949 589.1227 593.4263
April 594.2029 586.3709 590.7207
May 594.9559 588.5111 591.5505
June 599.6205 590.0958 593.0871
July 597.2349 590.7944 594.2897
August 609.2882 595.7557 601.5285
September 612.6131 605.3685 608.3374
October 615.5313 600.7269 605.5297
November 608.2065 591.6241 600.5730
December 605.9336 593.3853 602.4446