YEARLY HIGH
0.0042 SVC
YEARLY LOW
0.0031 SVC
YEARLY AVERAGE
0.0035 SVC

2023 BIF to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 0.0042. Conversely, the yearly low was recorded on October 6, dropping to 0.0031.

This high-to-low spread represents a total annual volatility of 0.0012 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0042 to the December average rate of 0.0031, the exchange rate registered a net change of -27.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0042 was down 3.97% compared to the 2022 peak of 0.0044, 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 21 SVC
2022 Average 21 SVC
Yearly Trough Low 15 SVC
Transaction Impact: A difference of 5.91 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0043
0.0030
JanuMarcMayJulySeptNove

BIF to SVC 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 0.0039, compared to 0.0031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0039
H2 Avg (Jul–Dec) 0.0031

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0011 SVC (High: 0.0042 / Low: 0.0031). On the other end, December was the most stable month, with a tight range of 0.0000 SVC (High: 0.0031 / Low: 0.0031).

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

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0006 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0042) against the same month in 2022 (average: 0.0044), the exchange rate shifted by -0.0001 (-3.20%).

2023 Avg (January) 0.0042
2022 Avg (January) 0.0044

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0042 0.0042 0.0042
February 0.0042 0.0042 0.0042
March 0.0042 0.0042 0.0042
April 0.0042 0.0042 0.0042
May 0.0042 0.0031 0.0037
June 0.0031 0.0031 0.0031
July 0.0031 0.0031 0.0031
August 0.0031 0.0031 0.0031
September 0.0031 0.0031 0.0031
October 0.0031 0.0031 0.0031
November 0.0031 0.0031 0.0031
December 0.0031 0.0031 0.0031