2023 BIF to INR Historical Review

YEARLY HIGH

0.0402 INR

YEARLY LOW

0.0288 INR

YEARLY AVERAGE

0.0332 INR

2023 BIF to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0402. Conversely, the yearly low was recorded on June 17, dropping to 0.0288.

This high-to-low spread represents a total annual volatility of 0.0114 INR. From a start-to-finish perspective, comparing the January average rate of 0.0395 to the December average rate of 0.0292, the exchange rate registered a net change of -26.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0402 was down 0.38% compared to the 2022 peak of 0.0404, 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 201 INR

2022 Average 192 INR

Yearly Trough Low 144 INR

Transaction Impact: A difference of 57.07 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0409

0.0280

JanuMarcMayJulySeptNove

BIF to INR 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 0.0371, compared to 0.0292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.0371

H2 Avg (Jul–Dec) 0.0292

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0105 INR (High: 0.0397 / Low: 0.0292). On the other end, October was the most stable month, with a tight range of 0.0002 INR (High: 0.0295 / Low: 0.0292).

May Spread (Volatile) ±0.0105

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0061 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0396) against the same month in 2022 (average: 0.0377), the exchange rate shifted by +0.0019 (+5.18%).

2023 Avg (March) 0.0396

2022 Avg (March) 0.0377

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0400	0.0390	0.0395
February	0.0402	0.0394	0.0399
March	0.0402	0.0393	0.0396
April	0.0397	0.0392	0.0394
May	0.0397	0.0292	0.0352
June	0.0293	0.0288	0.0290
July	0.0294	0.0289	0.0290
August	0.0294	0.0291	0.0292
September	0.0294	0.0291	0.0293
October	0.0295	0.0292	0.0293
November	0.0295	0.0292	0.0293
December	0.0293	0.0290	0.0292