2023 BND to BIF Historical Review

YEARLY HIGH

2161.5747 BIF

YEARLY LOW

1528.3448 BIF

YEARLY AVERAGE

1894.7316 BIF

2023 BND to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2161.5747. Conversely, the yearly low was recorded on January 7, dropping to 1528.3448.

This high-to-low spread represents a total annual volatility of 633.2299 BIF. From a start-to-finish perspective, comparing the January average rate of 1559.2670 to the December average rate of 2139.7720, the exchange rate registered a net change of 37.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2161.5747 was up 40.59% compared to the 2022 peak of 1537.4598, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BND based on timing:

Yearly Peak High 10,807,873 BIF

2022 Average 7,407,244 BIF

Yearly Trough Low 7,641,724 BIF

Transaction Impact: A difference of 3,166,149.29 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2198.7749

1490.7405

JanuMarcMayJulySeptNove

BND to BIF 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 1686.1003, compared to 2103.3629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 417.2626 points.

H1 Avg (Jan–Jun) 1686.1003

H2 Avg (Jul–Dec) 2103.3629

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 545.7336 BIF (High: 2094.1548 / Low: 1548.4212). On the other end, April was the most stable month, with a tight range of 13.8095 BIF (High: 1570.6114 / Low: 1556.8019).

May Spread (Volatile) ±545.7336

April Spread (Stable) ±13.8095

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 21.8581 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -21.8581

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2139.7720) against the same month in 2022 (average: 1529.0568), the exchange rate shifted by +610.7152 (+39.94%).

2023 Avg (December) 2139.7720

2022 Avg (December) 1529.0568

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1577.4702	1528.3448	1559.2670
February	1587.0458	1532.7742	1556.7121
March	1570.5043	1534.6057	1549.7434
April	1570.6114	1556.8019	1563.2114
May	2094.1548	1548.4212	1785.2293
June	2127.0255	2088.0826	2102.4387
July	2148.0332	2083.5996	2120.4062
August	2124.6033	2084.4808	2098.5481
September	2098.0602	2070.8059	2081.6723
October	2083.8512	2064.6532	2073.7185
November	2134.9007	2070.8085	2106.0602
December	2161.5747	2118.3097	2139.7720