2023 BIF to TOP Historical Review

YEARLY HIGH

0.0012 TOP

YEARLY LOW

0.0008 TOP

YEARLY AVERAGE

0.0009 TOP

2023 BIF to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0012. Conversely, the yearly low was recorded on December 28, dropping to 0.0008.

This high-to-low spread represents a total annual volatility of 0.0003 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0011 to the December average rate of 0.0008, the exchange rate registered a net change of -26.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0012 was down 3.66% compared to the 2022 peak of 0.0012, 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 TOP

2022 Average 6 TOP

Yearly Trough Low 4 TOP

Transaction Impact: A difference of 1.68 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0012

0.0008

JanuMarcMayJulySeptNove

BIF to TOP 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 0.0011, compared to 0.0008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0011

H2 Avg (Jul–Dec) 0.0008

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0003 TOP (High: 0.0011 / Low: 0.0008). On the other end, September was the most stable month, with a tight range of 0.0000 TOP (High: 0.0008 / Low: 0.0008).

May Spread (Volatile) ±0.0003

September Spread (Stable) ±0.0000

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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0011) against the same month in 2022 (average: 0.0011), the exchange rate shifted by +0.0000 (+1.57%).

2023 Avg (March) 0.0011

2022 Avg (March) 0.0011

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0011	0.0011	0.0011
February	0.0011	0.0011	0.0011
March	0.0012	0.0011	0.0011
April	0.0011	0.0011	0.0011
May	0.0011	0.0008	0.0010
June	0.0008	0.0008	0.0008
July	0.0008	0.0008	0.0008
August	0.0008	0.0008	0.0008
September	0.0008	0.0008	0.0008
October	0.0009	0.0008	0.0008
November	0.0009	0.0008	0.0008
December	0.0008	0.0008	0.0008