2023 BIF to CAD Historical Review

YEARLY HIGH

0.0007 CAD

YEARLY LOW

0.0005 CAD

YEARLY AVERAGE

0.0005 CAD

2023 BIF to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0007. Conversely, the yearly low was recorded on December 26, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0002 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0006 to the December average rate of 0.0005, the exchange rate registered a net change of -27.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0007 was down 0.73% compared to the 2022 peak of 0.0007, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3 CAD

2022 Average 3 CAD

Yearly Trough Low 2 CAD

Transaction Impact: A difference of 1.05 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0007

0.0004

JanuMarcMayJulySeptNove

BIF to CAD 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 0.0006, compared to 0.0005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0006

H2 Avg (Jul–Dec) 0.0005

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0002 CAD (High: 0.0007 / Low: 0.0005). On the other end, July was the most stable month, with a tight range of 0.0000 CAD (High: 0.0005 / Low: 0.0005).

May Spread (Volatile) ±0.0002

July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0007) against the same month in 2022 (average: 0.0006), the exchange rate shifted by +0.0000 (+5.60%).

2023 Avg (March) 0.0007

2022 Avg (March) 0.0006

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0007	0.0006	0.0006
February	0.0007	0.0006	0.0006
March	0.0007	0.0006	0.0007
April	0.0007	0.0006	0.0007
May	0.0007	0.0005	0.0006
June	0.0005	0.0005	0.0005
July	0.0005	0.0005	0.0005
August	0.0005	0.0005	0.0005
September	0.0005	0.0005	0.0005
October	0.0005	0.0005	0.0005
November	0.0005	0.0005	0.0005
December	0.0005	0.0005	0.0005