2023 BIF to FJD Historical Review

YEARLY HIGH

0.0011 FJD

YEARLY LOW

0.0008 FJD

YEARLY AVERAGE

0.0009 FJD

2023 BIF to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.0011. Conversely, the yearly low was recorded on December 28, dropping to 0.0008.

This high-to-low spread represents a total annual volatility of 0.0003 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0011 to the December average rate of 0.0008, the exchange rate registered a net change of -26.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0011 was down 5.00% compared to the 2022 peak of 0.0011, 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 5 FJD

2022 Average 5 FJD

Yearly Trough Low 4 FJD

Transaction Impact: A difference of 1.57 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0011

0.0007

JanuMarcMayJulySeptNove

BIF to FJD 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 0.0010, compared to 0.0008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0010

H2 Avg (Jul–Dec) 0.0008

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0003 FJD (High: 0.0011 / Low: 0.0008). On the other end, October was the most stable month, with a tight range of 0.0000 FJD (High: 0.0008 / Low: 0.0008).

May Spread (Volatile) ±0.0003

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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0011) against the same month in 2022 (average: 0.0010), the exchange rate shifted by +0.0000 (+2.75%).

2023 Avg (March) 0.0011

2022 Avg (March) 0.0010

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0011	0.0010	0.0011
February	0.0011	0.0010	0.0011
March	0.0011	0.0011	0.0011
April	0.0011	0.0011	0.0011
May	0.0011	0.0008	0.0009
June	0.0008	0.0008	0.0008
July	0.0008	0.0008	0.0008
August	0.0008	0.0008	0.0008
September	0.0008	0.0008	0.0008
October	0.0008	0.0008	0.0008
November	0.0008	0.0008	0.0008
December	0.0008	0.0008	0.0008