YEARLY HIGH
0.0093 MDL
YEARLY LOW
0.0060 MDL
YEARLY AVERAGE
0.0073 MDL

2023 BIF to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0093. Conversely, the yearly low was recorded on December 28, dropping to 0.0060.

This high-to-low spread represents a total annual volatility of 0.0033 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0092 to the December average rate of 0.0062, the exchange rate registered a net change of -32.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0093 was down 1.90% compared to the 2022 peak of 0.0095, 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 47 MDL
2022 Average 46 MDL
Yearly Trough Low 30 MDL
Transaction Impact: A difference of 16.34 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0095
0.0059
JanuMarcMayJulySeptNove

BIF to MDL 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 0.0083, compared to 0.0063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0083
H2 Avg (Jul–Dec) 0.0063

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0024 MDL (High: 0.0086 / Low: 0.0063). On the other end, October was the most stable month, with a tight range of 0.0001 MDL (High: 0.0064 / Low: 0.0063).

May Spread (Volatile) ±0.0024
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0092) against the same month in 2022 (average: 0.0090), the exchange rate shifted by +0.0002 (+2.56%).

2023 Avg (January) 0.0092
2022 Avg (January) 0.0090

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0093 0.0090 0.0092
February 0.0091 0.0090 0.0091
March 0.0091 0.0088 0.0090
April 0.0088 0.0086 0.0087
May 0.0086 0.0063 0.0076
June 0.0064 0.0063 0.0063
July 0.0065 0.0061 0.0063
August 0.0063 0.0062 0.0062
September 0.0064 0.0063 0.0063
October 0.0064 0.0063 0.0064
November 0.0064 0.0062 0.0063
December 0.0063 0.0060 0.0062