YEARLY HIGH
168.7189 BIF
YEARLY LOW
148.3207 BIF
YEARLY AVERAGE
157.5933 BIF

2024 SZL to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 168.7189. Conversely, the yearly low was recorded on February 26, dropping to 148.3207.

This high-to-low spread represents a total annual volatility of 20.3982 BIF. From a start-to-finish perspective, comparing the January average rate of 151.9233 to the December average rate of 161.7978, the exchange rate registered a net change of 6.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 168.7189 was up 4.70% compared to the 2023 peak of 161.1495, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 843,595 BIF
2023 Average 689,482 BIF
Yearly Trough Low 741,603 BIF
Transaction Impact: A difference of 101,991.12 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

166.8707
149.3188
JanuMarcMayJulySeptNove

SZL 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 153.1113, compared to 162.0753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.9640 points.

H1 Avg (Jan–Jun) 153.1113
H2 Avg (Jul–Dec) 162.0753

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 10.6040 BIF (High: 167.4564 / Low: 156.8524). On the other end, July was the most stable month, with a tight range of 4.1381 BIF (High: 159.9933 / Low: 155.8552).

December Spread (Volatile) ±10.6040
July Spread (Stable) ±4.1381

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.2270 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -2.2270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 164.2884) against the same month in 2023 (average: 149.6263), the exchange rate shifted by +14.6621 (+9.80%).

2024 Avg (September) 164.2884
2023 Avg (September) 149.6263

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 154.4173 149.0937 151.9233
February 154.5027 148.3207 150.7815
March 153.8895 149.3038 151.8438
April 154.9466 149.2724 151.9943
May 158.3002 153.7847 155.9861
June 160.7238 151.1844 156.1389
July 159.9933 155.8552 157.9352
August 163.7744 155.4321 159.8414
September 168.7189 160.3213 164.2884
October 168.2930 163.7990 165.4080
November 167.9040 159.0834 163.1810
December 167.4564 156.8524 161.7978