2023 BIF to SZL Historical Review

YEARLY HIGH

0.0093 SZL

YEARLY LOW

0.0062 SZL

YEARLY AVERAGE

0.0074 SZL

2023 BIF to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 0.0093. Conversely, the yearly low was recorded on July 27, dropping to 0.0062.

This high-to-low spread represents a total annual volatility of 0.0031 SZL. From a start-to-finish perspective, comparing the January average rate of 0.0083 to the December average rate of 0.0065, the exchange rate registered a net change of -20.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0093 was up 4.20% compared to the 2022 peak of 0.0089, 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 46 SZL

2022 Average 40 SZL

Yearly Trough Low 31 SZL

Transaction Impact: A difference of 15.46 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0090

0.0062

JanuMarcMayJulySeptNove

BIF to SZL 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 0.0082, compared to 0.0066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0082

H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0025 SZL (High: 0.0093 / Low: 0.0068). On the other end, September was the most stable month, with a tight range of 0.0002 SZL (High: 0.0068 / Low: 0.0066).

May Spread (Volatile) ±0.0025

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and October, 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 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0081) against the same month in 2022 (average: 0.0078), the exchange rate shifted by +0.0003 (+3.81%).

2023 Avg (May) 0.0081

2022 Avg (May) 0.0078

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0084	0.0081	0.0083
February	0.0089	0.0082	0.0086
March	0.0090	0.0085	0.0088
April	0.0089	0.0085	0.0087
May	0.0093	0.0068	0.0081
June	0.0070	0.0064	0.0066
July	0.0067	0.0062	0.0064
August	0.0069	0.0064	0.0066
September	0.0068	0.0066	0.0067
October	0.0069	0.0066	0.0067
November	0.0067	0.0064	0.0065
December	0.0067	0.0064	0.0065