2023 BIF to KPW Historical Review

YEARLY HIGH

0.4389 KPW

YEARLY LOW

0.3146 KPW

YEARLY AVERAGE

0.3617 KPW

2023 BIF to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.4389. Conversely, the yearly low was recorded on December 17, dropping to 0.3146.

This high-to-low spread represents a total annual volatility of 0.1243 KPW. From a start-to-finish perspective, comparing the January average rate of 0.4350 to the December average rate of 0.3157, the exchange rate registered a net change of -27.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4389 was down 3.50% compared to the 2022 peak of 0.4548, 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 2,195 KPW

2022 Average 2,204 KPW

Yearly Trough Low 1,573 KPW

Transaction Impact: A difference of 621.39 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4469

0.3038

JanuMarcMayJulySeptNove

BIF to KPW 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 0.4064, compared to 0.3171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0892 points.

H1 Avg (Jan–Jun) 0.4064

H2 Avg (Jul–Dec) 0.3171

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.1144 KPW (High: 0.4330 / Low: 0.3185). On the other end, December was the most stable month, with a tight range of 0.0017 KPW (High: 0.3163 / Low: 0.3146).

May Spread (Volatile) ±0.1144

December Spread (Stable) ±0.0017

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 0.0665 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0665

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.4335) against the same month in 2022 (average: 0.4446), the exchange rate shifted by -0.0111 (-2.50%).

2023 Avg (March) 0.4335

2022 Avg (March) 0.4446

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4367	0.4339	0.4350
February	0.4360	0.4307	0.4341
March	0.4389	0.4317	0.4335
April	0.4366	0.4317	0.4328
May	0.4330	0.3185	0.3846
June	0.3197	0.3167	0.3181
July	0.3204	0.3165	0.3181
August	0.3189	0.3166	0.3176
September	0.3187	0.3162	0.3174
October	0.3187	0.3160	0.3171
November	0.3195	0.3158	0.3170
December	0.3163	0.3146	0.3157