YEARLY HIGH
0.0040 SBD
YEARLY LOW
0.0029 SBD
YEARLY AVERAGE
0.0034 SBD

2023 BIF to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0040. Conversely, the yearly low was recorded on July 1, dropping to 0.0029.

This high-to-low spread represents a total annual volatility of 0.0011 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0040 to the December average rate of 0.0030, the exchange rate registered a net change of -25.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0040 was down 1.34% compared to the 2022 peak of 0.0041, 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 20 SBD
2022 Average 20 SBD
Yearly Trough Low 15 SBD
Transaction Impact: A difference of 5.56 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0041
0.0028
JanuMarcMayJulySeptNove

BIF to SBD 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 0.0037, compared to 0.0030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0037
H2 Avg (Jul–Dec) 0.0030

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0011 SBD (High: 0.0040 / Low: 0.0029). On the other end, August was the most stable month, with a tight range of 0.0000 SBD (High: 0.0030 / Low: 0.0029).

May Spread (Volatile) ±0.0011
August Spread (Stable) ±0.0000

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 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0040) against the same month in 2022 (average: 0.0039), the exchange rate shifted by +0.0000 (+1.17%).

2023 Avg (April) 0.0040
2022 Avg (April) 0.0039

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0040 0.0040 0.0040
February 0.0040 0.0039 0.0040
March 0.0040 0.0039 0.0040
April 0.0040 0.0039 0.0040
May 0.0040 0.0029 0.0036
June 0.0030 0.0029 0.0029
July 0.0030 0.0029 0.0030
August 0.0030 0.0029 0.0030
September 0.0030 0.0029 0.0030
October 0.0030 0.0029 0.0030
November 0.0030 0.0030 0.0030
December 0.0030 0.0029 0.0030