YEARLY HIGH
0.2262 KMF
YEARLY LOW
0.1546 KMF
YEARLY AVERAGE
0.1831 KMF

2023 BIF to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.2262. Conversely, the yearly low was recorded on July 21, dropping to 0.1546.

This high-to-low spread represents a total annual volatility of 0.0716 KMF. From a start-to-finish perspective, comparing the January average rate of 0.2209 to the December average rate of 0.1583, the exchange rate registered a net change of -28.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2262 was down 9.27% compared to the 2022 peak of 0.2493, 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 1,131 KMF
2022 Average 1,144 KMF
Yearly Trough Low 773 KMF
Transaction Impact: A difference of 358.08 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2284
0.1510
JanuMarcMayJulySeptNove

BIF to KMF 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 0.2058, compared to 0.1604 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0454 points.

H1 Avg (Jan–Jun) 0.2058
H2 Avg (Jul–Dec) 0.1604

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0564 KMF (High: 0.2180 / Low: 0.1615). On the other end, October was the most stable month, with a tight range of 0.0025 KMF (High: 0.1658 / Low: 0.1633).

May Spread (Volatile) ±0.0564
October Spread (Stable) ±0.0025

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 0.0327 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0327

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2219) against the same month in 2022 (average: 0.2162), the exchange rate shifted by +0.0058 (+2.68%).

2023 Avg (February) 0.2219
2022 Avg (February) 0.2162

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2262 0.2179 0.2209
February 0.2262 0.2176 0.2219
March 0.2252 0.2170 0.2219
April 0.2182 0.2138 0.2159
May 0.2180 0.1615 0.1934
June 0.1635 0.1584 0.1608
July 0.1607 0.1546 0.1575
August 0.1608 0.1581 0.1593
September 0.1652 0.1604 0.1625
October 0.1658 0.1633 0.1643
November 0.1659 0.1574 0.1607
December 0.1608 0.1556 0.1583