YEARLY HIGH
0.0181 SRD
YEARLY LOW
0.0129 SRD
YEARLY AVERAGE
0.0146 SRD

2023 BIF to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.0181. Conversely, the yearly low was recorded on December 31, dropping to 0.0129.

This high-to-low spread represents a total annual volatility of 0.0053 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0154 to the December average rate of 0.0131, the exchange rate registered a net change of -14.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0181 was up 17.12% compared to the 2022 peak of 0.0155, 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 91 SRD
2022 Average 59 SRD
Yearly Trough Low 64 SRD
Transaction Impact: A difference of 26.26 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0181
0.0126
JanuMarcMayJulySeptNove

BIF to SRD 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 0.0158, compared to 0.0134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0158
H2 Avg (Jul–Dec) 0.0134

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0049 SRD (High: 0.0181 / Low: 0.0132). On the other end, September was the most stable month, with a tight range of 0.0002 SRD (High: 0.0136 / Low: 0.0134).

May Spread (Volatile) ±0.0049
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, 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 0.0026 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0160) against the same month in 2022 (average: 0.0103), the exchange rate shifted by +0.0057 (+54.89%).

2023 Avg (May) 0.0160
2022 Avg (May) 0.0103

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0156 0.0152 0.0154
February 0.0164 0.0154 0.0158
March 0.0173 0.0161 0.0167
April 0.0181 0.0172 0.0177
May 0.0181 0.0132 0.0160
June 0.0135 0.0132 0.0133
July 0.0136 0.0131 0.0134
August 0.0136 0.0135 0.0135
September 0.0136 0.0134 0.0135
October 0.0135 0.0134 0.0134
November 0.0135 0.0133 0.0134
December 0.0133 0.0129 0.0131