YEARLY HIGH
1057.8965 BIF
YEARLY LOW
1014.7804 BIF
YEARLY AVERAGE
1030.1499 BIF

2024 WST to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 1057.8965. Conversely, the yearly low was recorded on January 7, dropping to 1014.7804.

This high-to-low spread represents a total annual volatility of 43.1160 BIF. From a start-to-finish perspective, comparing the January average rate of 1019.0777 to the December average rate of 1052.7500, 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 1057.8965 was up 1.05% compared to the 2023 peak of 1046.9009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,289,482 BIF
2023 Average 4,660,059 BIF
Yearly Trough Low 5,073,902 BIF
Transaction Impact: A difference of 215,580.22 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1056.1172
1015.7105
JanuMarcMayJulySeptNove

WST 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 1022.9633, compared to 1037.3364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.3731 points.

H1 Avg (Jan–Jun) 1022.9633
H2 Avg (Jul–Dec) 1037.3364

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 23.9679 BIF (High: 1057.8965 / Low: 1033.9286). On the other end, July was the most stable month, with a tight range of 5.0223 BIF (High: 1030.1362 / Low: 1025.1138).

November Spread (Volatile) ±23.9679
July Spread (Stable) ±5.0223

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: 1043.2826) against the same month in 2023 (average: 1014.1363), the exchange rate shifted by +29.1463 (+2.87%).

2024 Avg (November) 1043.2826
2023 Avg (November) 1014.1363

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1021.4286 1014.7804 1019.0777
February 1026.3393 1018.1972 1021.3545
March 1024.4643 1017.2755 1021.7204
April 1026.4208 1020.5111 1023.3987
May 1027.1829 1020.8095 1024.9553
June 1034.6207 1024.0815 1027.2734
July 1030.1362 1025.1138 1028.1402
August 1033.3615 1021.4315 1028.7798
September 1036.3424 1029.0579 1033.5580
October 1053.8390 1033.0357 1037.5078
November 1057.8965 1033.9286 1043.2826
December 1057.3658 1033.9286 1052.7500