2023 BIF to SCR Historical Review

YEARLY HIGH

0.0069 SCR

YEARLY LOW

0.0045 SCR

YEARLY AVERAGE

0.0054 SCR

2023 BIF to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 0.0069. Conversely, the yearly low was recorded on October 26, dropping to 0.0045.

This high-to-low spread represents a total annual volatility of 0.0024 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0047, the exchange rate registered a net change of -28.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0069 was down 8.50% compared to the 2022 peak of 0.0075, 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 34 SCR

2022 Average 33 SCR

Yearly Trough Low 22 SCR

Transaction Impact: A difference of 11.90 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0067

0.0044

JanuMarcMayJulySeptNove

BIF to SCR 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 0.0061, compared to 0.0047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0061

H2 Avg (Jul–Dec) 0.0047

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0021 SCR (High: 0.0067 / Low: 0.0047). On the other end, August was the most stable month, with a tight range of 0.0002 SCR (High: 0.0048 / Low: 0.0046).

May Spread (Volatile) ±0.0021

August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, 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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0065) against the same month in 2022 (average: 0.0069), the exchange rate shifted by -0.0003 (-4.84%).

2023 Avg (January) 0.0065

2022 Avg (January) 0.0069

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0069	0.0062	0.0065
February	0.0068	0.0063	0.0065
March	0.0068	0.0063	0.0065
April	0.0067	0.0062	0.0065
May	0.0067	0.0047	0.0058
June	0.0050	0.0046	0.0048
July	0.0050	0.0046	0.0047
August	0.0048	0.0046	0.0047
September	0.0048	0.0045	0.0046
October	0.0049	0.0045	0.0047
November	0.0048	0.0046	0.0047
December	0.0049	0.0045	0.0047