YEARLY HIGH
0.0426 KGS
YEARLY LOW
0.0307 KGS
YEARLY AVERAGE
0.0353 KGS

2023 BIF to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0426. Conversely, the yearly low was recorded on July 1, dropping to 0.0307.

This high-to-low spread represents a total annual volatility of 0.0119 KGS. From a start-to-finish perspective, comparing the January average rate of 0.0414 to the December average rate of 0.0313, the exchange rate registered a net change of -24.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0426 was down 15.78% compared to the 2022 peak of 0.0506, 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 213 KGS
2022 Average 206 KGS
Yearly Trough Low 153 KGS
Transaction Impact: A difference of 59.75 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0432
0.0298
JanuMarcMayJulySeptNove

BIF to KGS 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 0.0393, compared to 0.0312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 0.0393
H2 Avg (Jul–Dec) 0.0312

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0111 KGS (High: 0.0421 / Low: 0.0310). On the other end, December was the most stable month, with a tight range of 0.0003 KGS (High: 0.0314 / Low: 0.0311).

May Spread (Volatile) ±0.0111
December Spread (Stable) ±0.0003

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 0.0065 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0421) against the same month in 2022 (average: 0.0485), the exchange rate shifted by -0.0064 (-13.21%).

2023 Avg (March) 0.0421
2022 Avg (March) 0.0485

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0418 0.0406 0.0414
February 0.0424 0.0413 0.0419
March 0.0426 0.0419 0.0421
April 0.0425 0.0419 0.0421
May 0.0421 0.0310 0.0374
June 0.0310 0.0307 0.0309
July 0.0312 0.0307 0.0310
August 0.0312 0.0309 0.0311
September 0.0314 0.0311 0.0312
October 0.0315 0.0312 0.0314
November 0.0317 0.0312 0.0314
December 0.0314 0.0311 0.0313