2023 BIF to HKD Historical Review

YEARLY HIGH

0.0038 HKD

YEARLY LOW

0.0027 HKD

YEARLY AVERAGE

0.0031 HKD

2023 BIF to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0038. Conversely, the yearly low was recorded on December 17, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 0.0011 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0038 to the December average rate of 0.0027, the exchange rate registered a net change of -27.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0038 was down 2.85% compared to the 2022 peak of 0.0039, 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 19 HKD

2022 Average 19 HKD

Yearly Trough Low 14 HKD

Transaction Impact: A difference of 5.50 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0039

0.0026

JanuMarcMayJulySeptNove

BIF to HKD 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 0.0035, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0035

H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0010 HKD (High: 0.0038 / Low: 0.0028). On the other end, December was the most stable month, with a tight range of 0.0000 HKD (High: 0.0027 / Low: 0.0027).

May Spread (Volatile) ±0.0010

December Spread (Stable) ±0.0000

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 0.0006 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0038) against the same month in 2022 (average: 0.0039), the exchange rate shifted by -0.0001 (-2.18%).

2023 Avg (March) 0.0038

2022 Avg (March) 0.0039

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0038	0.0038	0.0038
February	0.0038	0.0038	0.0038
March	0.0038	0.0038	0.0038
April	0.0038	0.0038	0.0038
May	0.0038	0.0028	0.0033
June	0.0028	0.0028	0.0028
July	0.0028	0.0028	0.0028
August	0.0028	0.0028	0.0028
September	0.0028	0.0027	0.0028
October	0.0028	0.0027	0.0028
November	0.0028	0.0027	0.0027
December	0.0027	0.0027	0.0027