YEARLY HIGH
0.0179 UAH
YEARLY LOW
0.0127 UAH
YEARLY AVERAGE
0.0148 UAH

2023 BIF to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.0179. Conversely, the yearly low was recorded on November 24, dropping to 0.0127.

This high-to-low spread represents a total annual volatility of 0.0052 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0178 to the December average rate of 0.0130, the exchange rate registered a net change of -26.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0179 was down 1.45% compared to the 2022 peak of 0.0181, 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 89 UAH
2022 Average 80 UAH
Yearly Trough Low 63 UAH
Transaction Impact: A difference of 25.97 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0183
0.0122
JanuMarcMayJulySeptNove

BIF to UAH 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 0.0166, compared to 0.0129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0166
H2 Avg (Jul–Dec) 0.0129

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0047 UAH (High: 0.0178 / Low: 0.0130). On the other end, September was the most stable month, with a tight range of 0.0001 UAH (High: 0.0130 / Low: 0.0130).

May Spread (Volatile) ±0.0047
September Spread (Stable) ±0.0001

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 0.0027 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0178) against the same month in 2022 (average: 0.0140), the exchange rate shifted by +0.0038 (+27.08%).

2023 Avg (January) 0.0178
2022 Avg (January) 0.0140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0179 0.0177 0.0178
February 0.0178 0.0177 0.0178
March 0.0178 0.0176 0.0177
April 0.0178 0.0176 0.0177
May 0.0178 0.0130 0.0158
June 0.0131 0.0130 0.0131
July 0.0131 0.0129 0.0130
August 0.0131 0.0130 0.0130
September 0.0130 0.0130 0.0130
October 0.0130 0.0128 0.0129
November 0.0129 0.0127 0.0127
December 0.0134 0.0128 0.0130