The International Union for Conservation of Nature have ranked this species of chameleon as Least Concern.

Furcifer bifidus is found in east Madagascar, and there is no known type locality.

[2] According to the International Union for Conservation of Nature (IUCN), it can be found over an area of 35,368 square kilometres (13,656 square miles), and is therefore ranked as a Least Concern species of animal, although it is exposed to many threats.

[1] The two major threats to the Furcifer bifidus are logging for commercial reasons and the slash-and-burn method in agriculture.

[1] Furcifer bifidus was initially described by French chemist, mineralogist, and zoologist Alexandre Brongniart in 1800.