YEARLY HIGH
0.2770 SOS
YEARLY LOW
0.1987 SOS
YEARLY AVERAGE
0.2288 SOS

2023 BIF to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.2770. Conversely, the yearly low was recorded on July 8, dropping to 0.1987.

This high-to-low spread represents a total annual volatility of 0.0783 SOS. From a start-to-finish perspective, comparing the January average rate of 0.2749 to the December average rate of 0.2006, the exchange rate registered a net change of -27.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2770 was down 5.68% compared to the 2022 peak of 0.2937, 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 1,385 SOS
2022 Average 1,409 SOS
Yearly Trough Low 994 SOS
Transaction Impact: A difference of 391.62 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2823
0.1931
JanuMarcMayJulySeptNove

BIF to SOS 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 0.2567, compared to 0.2009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0557 points.

H1 Avg (Jan–Jun) 0.2567
H2 Avg (Jul–Dec) 0.2009

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0719 SOS (High: 0.2734 / Low: 0.2015). On the other end, November was the most stable month, with a tight range of 0.0009 SOS (High: 0.2013 / Low: 0.2004).

May Spread (Volatile) ±0.0719
November Spread (Stable) ±0.0009

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 0.0420 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0420

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2743) against the same month in 2022 (average: 0.2896), the exchange rate shifted by -0.0153 (-5.30%).

2023 Avg (February) 0.2743
2022 Avg (February) 0.2896

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2763 0.2740 0.2749
February 0.2770 0.2722 0.2743
March 0.2756 0.2727 0.2736
April 0.2740 0.2714 0.2732
May 0.2734 0.2015 0.2430
June 0.2020 0.1989 0.2010
July 0.2023 0.1987 0.2010
August 0.2017 0.1995 0.2008
September 0.2017 0.2002 0.2010
October 0.2019 0.2001 0.2011
November 0.2013 0.2004 0.2009
December 0.2013 0.1996 0.2006