YEARLY HIGH
0.0013 XCD
YEARLY LOW
0.0009 XCD
YEARLY AVERAGE
0.0011 XCD

2023 BIF to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0013. Conversely, the yearly low was recorded on December 17, dropping to 0.0009.

This high-to-low spread represents a total annual volatility of 0.0004 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0013 to the December average rate of 0.0009, 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 0.0013 was down 3.50% compared to the 2022 peak of 0.0014, 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 7 XCD
2022 Average 7 XCD
Yearly Trough Low 5 XCD
Transaction Impact: A difference of 1.87 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0013
0.0009
JanuMarcMayJulySeptNove

BIF to XCD 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 0.0012, compared to 0.0010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0012
H2 Avg (Jul–Dec) 0.0010

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0003 XCD (High: 0.0013 / Low: 0.0010). On the other end, December was the most stable month, with a tight range of 0.0000 XCD (High: 0.0009 / Low: 0.0009).

May Spread (Volatile) ±0.0003
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 0.0002 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0013) against the same month in 2022 (average: 0.0013), the exchange rate shifted by -0.0000 (-2.50%).

2023 Avg (March) 0.0013
2022 Avg (March) 0.0013

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0013 0.0013 0.0013
February 0.0013 0.0013 0.0013
March 0.0013 0.0013 0.0013
April 0.0013 0.0013 0.0013
May 0.0013 0.0010 0.0012
June 0.0010 0.0010 0.0010
July 0.0010 0.0010 0.0010
August 0.0010 0.0010 0.0010
September 0.0010 0.0009 0.0010
October 0.0010 0.0009 0.0010
November 0.0010 0.0009 0.0010
December 0.0009 0.0009 0.0009