YEARLY HIGH
11.8544 BIF
YEARLY LOW
11.3474 BIF
YEARLY AVERAGE
11.5249 BIF

2024 YER to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 11.8544. Conversely, the yearly low was recorded on January 7, dropping to 11.3474.

This high-to-low spread represents a total annual volatility of 0.5070 BIF. From a start-to-finish perspective, comparing the January average rate of 11.3980 to the December average rate of 11.7875, the exchange rate registered a net change of 3.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.8544 was up 3.72% compared to the 2023 peak of 11.4293, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,272 BIF
2023 Average 50,904 BIF
Yearly Trough Low 56,737 BIF
Transaction Impact: A difference of 2,534.92 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.8265
11.3590
JanuMarcMayJulySeptNove

YER 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 11.4421, compared to 11.6078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1657 points.

H1 Avg (Jan–Jun) 11.4421
H2 Avg (Jul–Dec) 11.6078

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.2857 BIF (High: 11.8495 / Low: 11.5638). On the other end, July was the most stable month, with a tight range of 0.0562 BIF (High: 11.5202 / Low: 11.4641).

December Spread (Volatile) ±0.2857
July Spread (Stable) ±0.0562

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: 11.6885) against the same month in 2023 (average: 11.3434), the exchange rate shifted by +0.3452 (+3.04%).

2024 Avg (November) 11.6885
2023 Avg (November) 11.3434

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.4240 11.3474 11.3980
February 11.4911 11.3879 11.4257
March 11.4574 11.3753 11.4268
April 11.4827 11.4137 11.4451
May 11.5086 11.4221 11.4682
June 11.5681 11.4543 11.4884
July 11.5202 11.4641 11.4992
August 11.5591 11.4240 11.5066
September 11.5931 11.5093 11.5605
October 11.7865 11.5515 11.6041
November 11.8544 11.5828 11.6885
December 11.8495 11.5638 11.7875