2024 TOP to BIF Historical Review

YEARLY HIGH

1250.9111 BIF

YEARLY LOW

1188.4749 BIF

YEARLY AVERAGE

1217.6486 BIF

2024 TOP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 1250.9111. Conversely, the yearly low was recorded on April 29, dropping to 1188.4749.

This high-to-low spread represents a total annual volatility of 62.4362 BIF. From a start-to-finish perspective, comparing the January average rate of 1211.4125 to the December average rate of 1231.0140, the exchange rate registered a net change of 1.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1250.9111 was up 2.03% compared to the 2023 peak of 1226.0599, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,254,555 BIF

2023 Average 5,390,685 BIF

Yearly Trough Low 5,942,375 BIF

Transaction Impact: A difference of 312,180.76 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1237.4150

1198.6298

JanuMarcMayJulySeptNove

TOP 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 1210.0152, compared to 1225.2820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.2668 points.

H1 Avg (Jan–Jun) 1210.0152

H2 Avg (Jul–Dec) 1225.2820

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 36.5813 BIF (High: 1237.1003 / Low: 1200.5190). On the other end, June was the most stable month, with a tight range of 12.8256 BIF (High: 1228.1065 / Low: 1215.2809).

August Spread (Volatile) ±36.5813

June Spread (Stable) ±12.8256

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 7.9197 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -7.9197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 1229.6676) against the same month in 2023 (average: 1183.9567), the exchange rate shifted by +45.7109 (+3.86%).

2024 Avg (October) 1229.6676

2023 Avg (October) 1183.9567

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1225.6542	1203.0587	1211.4125
February	1216.0748	1192.2006	1207.7968
March	1215.9759	1200.9188	1207.9210
April	1211.0470	1188.4749	1201.8619
May	1219.6590	1198.7486	1211.8238
June	1228.1065	1215.2809	1219.2754
July	1224.6141	1206.0593	1216.6137
August	1237.1003	1200.5190	1218.4658
September	1241.4132	1227.3561	1234.1829
October	1250.9111	1218.0754	1229.6676
November	1240.0015	1207.8605	1221.7479
December	1236.4114	1209.0055	1231.0140