YEARLY HIGH
0.1413 BIF
YEARLY LOW
0.1355 BIF
YEARLY AVERAGE
0.1376 BIF

2024 SLL to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SLL to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 0.1413. Conversely, the yearly low was recorded on January 7, dropping to 0.1355.

This high-to-low spread represents a total annual volatility of 0.0058 BIF. From a start-to-finish perspective, comparing the January average rate of 0.1361 to the December average rate of 0.1406, the exchange rate registered a net change of 3.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1413 was down 12.24% compared to the 2023 peak of 0.1610, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 706 BIF
2023 Average 667 BIF
Yearly Trough Low 678 BIF
Transaction Impact: A difference of 28.79 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1410
0.1356
JanuMarcMayJulySeptNove

SLL 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 0.1366, compared to 0.1385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1366
H2 Avg (Jul–Dec) 0.1385

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0032 BIF (High: 0.1413 / Low: 0.1381). On the other end, July was the most stable month, with a tight range of 0.0007 BIF (High: 0.1376 / Low: 0.1369).

November Spread (Volatile) ±0.0032
July Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1393) against the same month in 2023 (average: 0.1354), the exchange rate shifted by +0.0039 (+2.87%).

2024 Avg (November) 0.1393
2023 Avg (November) 0.1354

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1364 0.1355 0.1361
February 0.1370 0.1360 0.1364
March 0.1368 0.1358 0.1364
April 0.1371 0.1363 0.1367
May 0.1372 0.1363 0.1369
June 0.1382 0.1367 0.1372
July 0.1376 0.1369 0.1373
August 0.1380 0.1364 0.1374
September 0.1384 0.1374 0.1380
October 0.1407 0.1379 0.1385
November 0.1413 0.1381 0.1393
December 0.1412 0.1381 0.1406