2023 BIF to DJF Historical Review

YEARLY HIGH

0.0868 DJF

YEARLY LOW

0.0621 DJF

YEARLY AVERAGE

0.0715 DJF

2023 BIF to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0868. Conversely, the yearly low was recorded on July 8, dropping to 0.0621.

This high-to-low spread represents a total annual volatility of 0.0246 DJF. From a start-to-finish perspective, comparing the January average rate of 0.0859 to the December average rate of 0.0625, the exchange rate registered a net change of -27.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0868 was down 3.58% compared to the 2022 peak of 0.0900, 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 434 DJF

2022 Average 436 DJF

Yearly Trough Low 311 DJF

Transaction Impact: A difference of 123.15 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0883

0.0601

JanuMarcMayJulySeptNove

BIF to DJF 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 0.0803, compared to 0.0627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0176 points.

H1 Avg (Jan–Jun) 0.0803

H2 Avg (Jul–Dec) 0.0627

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0225 DJF (High: 0.0856 / Low: 0.0630). On the other end, November was the most stable month, with a tight range of 0.0004 DJF (High: 0.0628 / Low: 0.0624).

May Spread (Volatile) ±0.0225

November Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0131 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0858) against the same month in 2022 (average: 0.0886), the exchange rate shifted by -0.0028 (-3.13%).

2023 Avg (February) 0.0858

2022 Avg (February) 0.0886

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0864	0.0857	0.0859
February	0.0868	0.0852	0.0858
March	0.0859	0.0853	0.0856
April	0.0857	0.0843	0.0854
May	0.0856	0.0630	0.0760
June	0.0633	0.0623	0.0629
July	0.0630	0.0621	0.0628
August	0.0632	0.0624	0.0628
September	0.0629	0.0625	0.0628
October	0.0628	0.0624	0.0627
November	0.0628	0.0624	0.0626
December	0.0627	0.0622	0.0625