YEARLY HIGH
226.1470 BIF
YEARLY LOW
190.4278 BIF
YEARLY AVERAGE
211.0743 BIF

2024 SCR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 226.1470. Conversely, the yearly low was recorded on August 4, dropping to 190.4278.

This high-to-low spread represents a total annual volatility of 35.7191 BIF. From a start-to-finish perspective, comparing the January average rate of 213.2498 to the December average rate of 208.9702, the exchange rate registered a net change of -2.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 226.1470 was up 1.37% compared to the 2023 peak of 223.0855, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,130,735 BIF
2023 Average 949,284 BIF
Yearly Trough Low 952,139 BIF
Transaction Impact: A difference of 178,595.65 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

215.9345
207.5947
JanuMarcMayJulySeptNove

SCR 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 210.9285, compared to 211.2201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2916 points.

H1 Avg (Jan–Jun) 210.9285
H2 Avg (Jul–Dec) 211.2201

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 34.7885 BIF (High: 225.2164 / Low: 190.4278). On the other end, May was the most stable month, with a tight range of 6.6202 BIF (High: 213.9690 / Low: 207.3488).

August Spread (Volatile) ±34.7885
May Spread (Stable) ±6.6202

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 November and December, when the average rate fell by 3.5464 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.5464

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 215.2395) against the same month in 2023 (average: 215.8675), the exchange rate shifted by -0.6280 (-0.29%).

2024 Avg (September) 215.2395
2023 Avg (September) 215.8675

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 218.7310 205.4618 213.2498
February 216.5364 206.7945 212.5083
March 214.7967 201.0286 210.5005
April 214.0232 199.1610 210.8677
May 213.9690 207.3488 210.1551
June 213.2700 195.6828 208.2897
July 213.0011 204.0824 208.6923
August 225.2164 190.4278 209.9015
September 226.1470 207.6314 215.2395
October 221.6475 196.1034 212.0007
November 220.3843 202.5116 212.5165
December 220.2042 194.9483 208.9702