YEARLY HIGH
3947.9394 BIF
YEARLY LOW
3767.7724 BIF
YEARLY AVERAGE
3830.1129 BIF

2024 XDR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XDR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 3947.9394. Conversely, the yearly low was recorded on April 24, dropping to 3767.7724.

This high-to-low spread represents a total annual volatility of 180.1670 BIF. From a start-to-finish perspective, comparing the January average rate of 3810.1745 to the December average rate of 3866.2713, the exchange rate registered a net change of 1.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3947.9394 was up 2.66% compared to the 2023 peak of 3845.6174, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,739,697 BIF
2023 Average 16,995,014 BIF
Yearly Trough Low 18,838,862 BIF
Transaction Impact: A difference of 900,835.00 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3916.1177
3772.5141
JanuMarcMayJulySeptNove

XDR 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 3797.4631, compared to 3862.7628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 65.2996 points.

H1 Avg (Jan–Jun) 3797.4631
H2 Avg (Jul–Dec) 3862.7628

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 138.3074 BIF (High: 3920.2975 / Low: 3781.9901). On the other end, May was the most stable month, with a tight range of 27.9255 BIF (High: 3806.0717 / Low: 3778.1462).

November Spread (Volatile) ±138.3074
May Spread (Stable) ±27.9255

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 28.3513 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -28.3513

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 3889.3533) against the same month in 2023 (average: 3727.4081), the exchange rate shifted by +161.9452 (+4.34%).

2024 Avg (October) 3889.3533
2023 Avg (October) 3727.4081

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3834.7798 3792.2449 3810.1745
February 3820.6177 3780.6214 3795.6953
March 3824.5026 3788.9666 3804.5333
April 3807.1638 3767.7724 3784.4810
May 3806.0717 3778.1462 3793.3932
June 3845.5662 3779.1624 3796.5014
July 3822.2456 3784.0644 3806.9351
August 3890.7451 3819.2053 3848.8640
September 3926.2173 3881.3542 3904.1508
October 3947.9394 3856.5721 3889.3533
November 3920.2975 3781.9901 3861.0020
December 3894.9916 3805.0050 3866.2713