YEARLY HIGH
778.8758 BIF
YEARLY LOW
558.2937 BIF
YEARLY AVERAGE
693.1020 BIF

2023 AED to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 778.8758. Conversely, the yearly low was recorded on March 18, dropping to 558.2937.

This high-to-low spread represents a total annual volatility of 220.5821 BIF. From a start-to-finish perspective, comparing the January average rate of 563.2820 to the December average rate of 776.2341, the exchange rate registered a net change of 37.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 778.8758 was up 37.63% compared to the 2022 peak of 565.9070, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,894,379 BIF
2022 Average 2,779,952 BIF
Yearly Trough Low 2,791,469 BIF
Transaction Impact: A difference of 1,102,910.40 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

797.5293
541.9867
JanuMarcMayJulySeptNove

AED 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 613.5133, compared to 772.6906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 159.1773 points.

H1 Avg (Jan–Jun) 613.5133
H2 Avg (Jul–Dec) 772.6906

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 203.3609 BIF (High: 769.3772 / Low: 566.0162). On the other end, January was the most stable month, with a tight range of 3.6131 BIF (High: 564.7348 / Low: 561.1217).

May Spread (Volatile) ±203.3609
January Spread (Stable) ±3.6131

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 (December 2023: 776.2341) against the same month in 2022 (average: 562.8221), the exchange rate shifted by +213.4120 (+37.92%).

2023 Avg (December) 776.2341
2022 Avg (December) 562.8221

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 564.7348 561.1217 563.2820
February 568.9704 561.9308 564.4479
March 567.7022 558.2937 565.3141
April 567.7950 561.3333 566.2049
May 769.3772 566.0162 651.5390
June 773.7492 766.3611 770.2921
July 774.1839 764.6872 770.3497
August 774.0450 768.4068 771.5911
September 774.8350 768.8538 772.0954
October 775.3869 768.7330 772.7427
November 776.0117 766.9065 773.1308
December 778.8758 774.7314 776.2341