YEARLY HIGH
1628.6354 BIF
YEARLY LOW
1105.4220 BIF
YEARLY AVERAGE
1408.3268 BIF

2023 BAM to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 1628.6354. Conversely, the yearly low was recorded on January 7, dropping to 1105.4220.

This high-to-low spread represents a total annual volatility of 523.2134 BIF. From a start-to-finish perspective, comparing the January average rate of 1138.3799 to the December average rate of 1591.0723, the exchange rate registered a net change of 39.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1628.6354 was up 37.97% compared to the 2022 peak of 1180.4260, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,143,177 BIF
2022 Average 5,500,185 BIF
Yearly Trough Low 5,527,110 BIF
Transaction Impact: A difference of 2,616,067.13 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1646.3153
1089.2277
JanuMarcMayJulySeptNove

BAM 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 1245.6124, compared to 1571.0412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 325.4288 points.

H1 Avg (Jan–Jun) 1245.6124
H2 Avg (Jul–Dec) 1571.0412

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 406.8608 BIF (High: 1558.7212 / Low: 1151.8604). On the other end, April was the most stable month, with a tight range of 20.8750 BIF (High: 1177.2764 / Low: 1156.4013).

May Spread (Volatile) ±406.8608
April Spread (Stable) ±20.8750

Growth Streaks & Declines

Trends

Between February and July, 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 August and September, when the average rate fell by 30.7148 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -30.7148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1599.8913) against the same month in 2022 (average: 1072.2955), the exchange rate shifted by +527.5958 (+49.20%).

2023 Avg (July) 1599.8913
2022 Avg (July) 1072.2955

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1153.5302 1105.4220 1138.3799
February 1166.4288 1116.5587 1135.6517
March 1161.2164 1120.1898 1136.4238
April 1177.2764 1156.4013 1166.7472
May 1558.7212 1151.8604 1328.8014
June 1593.1757 1544.4841 1567.6707
July 1628.6354 1568.7185 1599.8913
August 1597.8358 1563.5566 1581.4630
September 1569.7370 1530.3486 1550.7482
October 1547.1347 1520.4328 1533.7436
November 1597.3223 1530.8763 1569.3290
December 1617.9355 1567.7951 1591.0723