YEARLY HIGH
0.1221 YER
YEARLY LOW
0.0875 YER
YEARLY AVERAGE
0.1006 YER

2023 BIF to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1221. Conversely, the yearly low was recorded on December 28, dropping to 0.0875.

This high-to-low spread represents a total annual volatility of 0.0346 YER. From a start-to-finish perspective, comparing the January average rate of 0.1210 to the December average rate of 0.0878, the exchange rate registered a net change of -27.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1221 was down 3.49% compared to the 2022 peak of 0.1265, 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 610 YER
2022 Average 613 YER
Yearly Trough Low 437 YER
Transaction Impact: A difference of 172.85 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1243
0.0845
JanuMarcMayJulySeptNove

BIF to YER 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 0.1130, compared to 0.0882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0248 points.

H1 Avg (Jan–Jun) 0.1130
H2 Avg (Jul–Dec) 0.0882

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0318 YER (High: 0.1204 / Low: 0.0886). On the other end, December was the most stable month, with a tight range of 0.0005 YER (High: 0.0880 / Low: 0.0875).

May Spread (Volatile) ±0.0318
December Spread (Stable) ±0.0005

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 0.0185 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1206) against the same month in 2022 (average: 0.1236), the exchange rate shifted by -0.0031 (-2.48%).

2023 Avg (March) 0.1206
2022 Avg (March) 0.1236

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1215 0.1207 0.1210
February 0.1213 0.1197 0.1208
March 0.1221 0.1201 0.1206
April 0.1215 0.1201 0.1204
May 0.1204 0.0886 0.1070
June 0.0889 0.0881 0.0885
July 0.0891 0.0880 0.0885
August 0.0887 0.0881 0.0883
September 0.0886 0.0880 0.0883
October 0.0887 0.0879 0.0882
November 0.0889 0.0878 0.0882
December 0.0880 0.0875 0.0878