YEARLY HIGH
0.0023 LYD
YEARLY LOW
0.0017 LYD
YEARLY AVERAGE
0.0019 LYD

2023 BIF to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.0023. Conversely, the yearly low was recorded on December 28, dropping to 0.0017.

This high-to-low spread represents a total annual volatility of 0.0007 LYD. From a start-to-finish perspective, comparing the January average rate of 0.0023 to the December average rate of 0.0017, the exchange rate registered a net change of -27.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0023 was down 5.15% compared to the 2022 peak of 0.0025, 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 12 LYD
2022 Average 12 LYD
Yearly Trough Low 8 LYD
Transaction Impact: A difference of 3.38 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0024
0.0016
JanuMarcMayJulySeptNove

BIF to LYD 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 0.0022, compared to 0.0017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0022
H2 Avg (Jul–Dec) 0.0017

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0006 LYD (High: 0.0023 / Low: 0.0017). On the other end, October was the most stable month, with a tight range of 0.0000 LYD (High: 0.0017 / Low: 0.0017).

May Spread (Volatile) ±0.0006
October Spread (Stable) ±0.0000

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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0023) against the same month in 2022 (average: 0.0023), the exchange rate shifted by +0.0000 (+1.14%).

2023 Avg (February) 0.0023
2022 Avg (February) 0.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0023 0.0023 0.0023
February 0.0023 0.0023 0.0023
March 0.0023 0.0023 0.0023
April 0.0023 0.0023 0.0023
May 0.0023 0.0017 0.0020
June 0.0017 0.0017 0.0017
July 0.0017 0.0017 0.0017
August 0.0017 0.0017 0.0017
September 0.0017 0.0017 0.0017
October 0.0017 0.0017 0.0017
November 0.0017 0.0017 0.0017
December 0.0017 0.0017 0.0017