2023 BIF to ETB Historical Review

YEARLY HIGH

0.0262 ETB

YEARLY LOW

0.0192 ETB

YEARLY AVERAGE

0.0220 ETB

2023 BIF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 24, valuing the pair at 0.0262. Conversely, the yearly low was recorded on June 17, dropping to 0.0192.

This high-to-low spread represents a total annual volatility of 0.0070 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0259 to the December average rate of 0.0197, the exchange rate registered a net change of -24.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0262 was up 0.61% compared to the 2022 peak of 0.0260, 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 131 ETB

2022 Average 127 ETB

Yearly Trough Low 96 ETB

Transaction Impact: A difference of 35.05 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0267

0.0186

JanuMarcMayJulySeptNove

BIF to ETB 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 0.0244, compared to 0.0195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0244

H2 Avg (Jul–Dec) 0.0195

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0069 ETB (High: 0.0261 / Low: 0.0192). On the other end, March was the most stable month, with a tight range of 0.0001 ETB (High: 0.0260 / Low: 0.0258).

May Spread (Volatile) ±0.0069

March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0039 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0261) against the same month in 2022 (average: 0.0253), the exchange rate shifted by +0.0008 (+3.06%).

2023 Avg (April) 0.0261

2022 Avg (April) 0.0253

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0261	0.0259	0.0259
February	0.0261	0.0258	0.0259
March	0.0260	0.0258	0.0259
April	0.0262	0.0259	0.0261
May	0.0261	0.0192	0.0232
June	0.0194	0.0192	0.0193
July	0.0195	0.0192	0.0194
August	0.0195	0.0193	0.0194
September	0.0195	0.0194	0.0195
October	0.0197	0.0194	0.0196
November	0.0198	0.0195	0.0196
December	0.0198	0.0195	0.0197