2024 MGA to BIF Historical Review

YEARLY HIGH

0.6582 BIF

YEARLY LOW

0.6167 BIF

YEARLY AVERAGE

0.6361 BIF

2024 MGA to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 0.6582. Conversely, the yearly low was recorded on November 29, dropping to 0.6167.

This high-to-low spread represents a total annual volatility of 0.0415 BIF. From a start-to-finish perspective, comparing the January average rate of 0.6252 to the December average rate of 0.6272, the exchange rate registered a net change of 0.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6582 was up 2.56% compared to the 2023 peak of 0.6418, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,291 BIF

2023 Average 2,857 BIF

Yearly Trough Low 3,084 BIF

Transaction Impact: A difference of 207.34 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6546

0.6226

JanuMarcMayJulySeptNove

MGA 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 0.6397, compared to 0.6325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.6397

H2 Avg (Jul–Dec) 0.6325

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0243 BIF (High: 0.6410 / Low: 0.6167). On the other end, February was the most stable month, with a tight range of 0.0048 BIF (High: 0.6324 / Low: 0.6276).

November Spread (Volatile) ±0.0243

February Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0081 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.6519) against the same month in 2023 (average: 0.4750), the exchange rate shifted by +0.1769 (+37.24%).

2024 Avg (April) 0.6519

2023 Avg (April) 0.4750

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6314	0.6182	0.6252
February	0.6324	0.6276	0.6299
March	0.6563	0.6333	0.6405
April	0.6582	0.6453	0.6519
May	0.6524	0.6440	0.6475
June	0.6475	0.6351	0.6432
July	0.6454	0.6311	0.6390
August	0.6385	0.6240	0.6309
September	0.6410	0.6318	0.6371
October	0.6413	0.6280	0.6328
November	0.6410	0.6167	0.6281
December	0.6353	0.6175	0.6272