2024 LYD to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 LYD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |