YEARLY HIGH
7.8419 STD
YEARLY LOW
7.5223 STD
YEARLY AVERAGE
7.7256 STD

2024 BIF to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 7.8419. Conversely, the yearly low was recorded on November 16, dropping to 7.5223.

This high-to-low spread represents a total annual volatility of 0.3196 STD. From a start-to-finish perspective, comparing the January average rate of 7.8088 to the December average rate of 7.5592, the exchange rate registered a net change of -3.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 7.8419 was down 29.55% compared to the 2023 peak of 11.1306, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39,209 STD
2023 Average 45,404 STD
Yearly Trough Low 37,611 STD
Transaction Impact: A difference of 1,598.03 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

7.8338
7.5343
JanuMarcMayJulySeptNove

BIF to STD 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 7.7792, compared to 7.6720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1072 points.

H1 Avg (Jan–Jun) 7.7792
H2 Avg (Jul–Dec) 7.6720

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1744 STD (High: 7.6966 / Low: 7.5223). On the other end, July was the most stable month, with a tight range of 0.0378 STD (High: 7.7628 / Low: 7.7250).

November Spread (Volatile) ±0.1744
July Spread (Stable) ±0.0378

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0689 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0689

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 7.8088) against the same month in 2023 (average: 11.0319), the exchange rate shifted by -3.2231 (-29.22%).

2024 Avg (January) 7.8088
2023 Avg (January) 11.0319

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.8419 7.7908 7.8088
February 7.8156 7.7536 7.7914
March 7.8226 7.7678 7.7886
April 7.7978 7.7529 7.7759
May 7.7956 7.7472 7.7640
June 7.7707 7.6915 7.7465
July 7.7628 7.7250 7.7400
August 7.7908 7.7009 7.7352
September 7.7331 7.6787 7.6994
October 7.7033 7.5512 7.6702
November 7.6966 7.5223 7.6281
December 7.6966 7.5260 7.5592