2023 BIF to SYP Historical Review

YEARLY HIGH

1.2253 SYP

YEARLY LOW

0.8783 SYP

YEARLY AVERAGE

1.0099 SYP

2023 BIF to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 1.2253. Conversely, the yearly low was recorded on December 17, dropping to 0.8783.

This high-to-low spread represents a total annual volatility of 0.3469 SYP. From a start-to-finish perspective, comparing the January average rate of 1.2144 to the December average rate of 0.8814, the exchange rate registered a net change of -27.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2253 was down 3.48% compared to the 2022 peak of 1.2695, 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 6,126 SYP

2022 Average 6,152 SYP

Yearly Trough Low 4,392 SYP

Transaction Impact: A difference of 1,734.73 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2477

0.8481

JanuMarcMayJulySeptNove

BIF to SYP 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 1.1344, compared to 0.8853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2491 points.

H1 Avg (Jan–Jun) 1.1344

H2 Avg (Jul–Dec) 0.8853

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.3195 SYP (High: 1.2088 / Low: 0.8893). On the other end, December was the most stable month, with a tight range of 0.0048 SYP (High: 0.8831 / Low: 0.8783).

May Spread (Volatile) ±0.3195

December Spread (Stable) ±0.0048

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 0.1856 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.1856

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1.2102) against the same month in 2022 (average: 1.2409), the exchange rate shifted by -0.0307 (-2.48%).

2023 Avg (March) 1.2102

2022 Avg (March) 1.2409

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2191	1.2113	1.2144
February	1.2173	1.2023	1.2119
March	1.2253	1.2051	1.2102
April	1.2190	1.2051	1.2083
May	1.2088	0.8893	1.0736
June	0.8926	0.8841	0.8881
July	0.8945	0.8836	0.8880
August	0.8902	0.8837	0.8865
September	0.8897	0.8828	0.8860
October	0.8898	0.8822	0.8852
November	0.8920	0.8816	0.8848
December	0.8831	0.8783	0.8814