2023 BIF to CZK Historical Review

YEARLY HIGH

0.0110 CZK

YEARLY LOW

0.0075 CZK

YEARLY AVERAGE

0.0089 CZK

2023 BIF to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0110. Conversely, the yearly low was recorded on July 14, dropping to 0.0075.

This high-to-low spread represents a total annual volatility of 0.0036 CZK. From a start-to-finish perspective, comparing the January average rate of 0.0107 to the December average rate of 0.0079, the exchange rate registered a net change of -26.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0110 was down 11.56% compared to the 2022 peak of 0.0125, 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 55 CZK

2022 Average 57 CZK

Yearly Trough Low 37 CZK

Transaction Impact: A difference of 17.90 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0110

0.0073

JanuMarcMayJulySeptNove

BIF to CZK 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 0.0099, compared to 0.0079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0099

H2 Avg (Jul–Dec) 0.0079

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0028 CZK (High: 0.0106 / Low: 0.0078). On the other end, October was the most stable month, with a tight range of 0.0002 CZK (High: 0.0083 / Low: 0.0081).

May Spread (Volatile) ±0.0028

October Spread (Stable) ±0.0002

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 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0107) against the same month in 2022 (average: 0.0108), the exchange rate shifted by -0.0001 (-0.66%).

2023 Avg (January) 0.0107

2022 Avg (January) 0.0108

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0110	0.0105	0.0107
February	0.0109	0.0104	0.0107
March	0.0110	0.0104	0.0107
April	0.0105	0.0101	0.0103
May	0.0106	0.0078	0.0093
June	0.0078	0.0076	0.0077
July	0.0077	0.0075	0.0076
August	0.0079	0.0077	0.0078
September	0.0082	0.0079	0.0081
October	0.0083	0.0081	0.0082
November	0.0082	0.0077	0.0080
December	0.0080	0.0078	0.0079