YEARLY HIGH
0.0005 EUR
YEARLY LOW
0.0003 EUR
YEARLY AVERAGE
0.0004 EUR

2023 BIF to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0005. Conversely, the yearly low was recorded on July 14, dropping to 0.0003.

This high-to-low spread represents a total annual volatility of 0.0001 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0004 to the December average rate of 0.0003, the exchange rate registered a net change of -28.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0005 was down 9.26% compared to the 2022 peak of 0.0005, 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 2 EUR
2022 Average 2 EUR
Yearly Trough Low 2 EUR
Transaction Impact: A difference of 0.73 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0005
0.0003
JanuMarcMayJulySeptNove

BIF to EUR 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 0.0004, compared to 0.0003 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) 0.0004
H2 Avg (Jul–Dec) 0.0003

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0001 EUR (High: 0.0004 / Low: 0.0003). On the other end, October was the most stable month, with a tight range of 0.0000 EUR (High: 0.0003 / Low: 0.0003).

May Spread (Volatile) ±0.0001
October 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 (January 2023: 0.0004) against the same month in 2022 (average: 0.0004), the exchange rate shifted by +0.0000 (+1.57%).

2023 Avg (January) 0.0004
2022 Avg (January) 0.0004

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0005 0.0004 0.0004
February 0.0005 0.0004 0.0005
March 0.0005 0.0004 0.0004
April 0.0004 0.0004 0.0004
May 0.0004 0.0003 0.0004
June 0.0003 0.0003 0.0003
July 0.0003 0.0003 0.0003
August 0.0003 0.0003 0.0003
September 0.0003 0.0003 0.0003
October 0.0003 0.0003 0.0003
November 0.0003 0.0003 0.0003
December 0.0003 0.0003 0.0003