YEARLY HIGH
762.3604 BIF
YEARLY LOW
619.9985 BIF
YEARLY AVERAGE
724.6271 BIF

2024 PLN to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 762.3604. Conversely, the yearly low was recorded on January 1, dropping to 619.9985.

This high-to-low spread represents a total annual volatility of 142.3619 BIF. From a start-to-finish perspective, comparing the January average rate of 710.3425 to the December average rate of 723.0248, the exchange rate registered a net change of 1.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 762.3604 was up 4.02% compared to the 2023 peak of 732.8753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 15,247,208 BIF
2023 Average 12,198,296 BIF
Yearly Trough Low 12,399,970 BIF
Transaction Impact: A difference of 2,847,238.23 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

755.8636
706.2043
JanuMarcMayJulySeptNove

PLN 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 716.8100, compared to 732.4442 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.6342 points.

H1 Avg (Jan–Jun) 716.8100
H2 Avg (Jul–Dec) 732.4442

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 101.8102 BIF (High: 721.8087 / Low: 619.9985). On the other end, February was the most stable month, with a tight range of 15.6218 BIF (High: 720.2397 / Low: 704.6179).

January Spread (Volatile) ±101.8102
February Spread (Stable) ±15.6218

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 18.4010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -18.4010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 751.7254) against the same month in 2023 (average: 658.2831), the exchange rate shifted by +93.4422 (+14.19%).

2024 Avg (September) 751.7254
2023 Avg (September) 658.2831

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 721.8087 619.9985 710.3425
February 720.2397 704.6179 713.7815
March 731.5800 712.4700 721.9279
April 729.4976 696.9709 713.9333
May 734.0274 710.6119 724.5346
June 733.4142 700.8029 716.3400
July 736.9974 715.5128 729.8223
August 756.3615 721.7545 740.2237
September 762.3604 743.6471 751.7254
October 750.0006 719.4015 733.3243
November 733.1604 695.2613 716.5446
December 733.7249 715.4963 723.0248