2023 CAD to BIF Historical Review

YEARLY HIGH

2164.1135 BIF

YEARLY LOW

1488.9860 BIF

YEARLY AVERAGE

1886.1855 BIF

2023 CAD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 2164.1135. Conversely, the yearly low was recorded on March 18, dropping to 1488.9860.

This high-to-low spread represents a total annual volatility of 675.1275 BIF. From a start-to-finish perspective, comparing the January average rate of 1541.6964 to the December average rate of 2125.9236, the exchange rate registered a net change of 37.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2164.1135 was up 31.36% compared to the 2022 peak of 1647.4643, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,820,567 BIF

2022 Average 7,848,196 BIF

Yearly Trough Low 7,444,930 BIF

Transaction Impact: A difference of 3,375,637.34 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2201.0325

1453.1913

JanuMarcMayJulySeptNove

CAD 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 1672.2471, compared to 2100.1239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 427.8768 points.

H1 Avg (Jan–Jun) 1672.2471

H2 Avg (Jul–Dec) 2100.1239

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 565.0514 BIF (High: 2089.5854 / Low: 1524.5340). On the other end, April was the most stable month, with a tight range of 39.4367 BIF (High: 1558.6091 / Low: 1519.1724).

May Spread (Volatile) ±565.0514

April Spread (Stable) ±39.4367

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 36.9497 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -36.9497

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2125.9236) against the same month in 2022 (average: 1519.3656), the exchange rate shifted by +606.5581 (+39.92%).

2023 Avg (December) 2125.9236

2022 Avg (December) 1519.3656

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1558.6028	1512.8567	1541.6964
February	1562.3467	1513.4739	1540.6093
March	1541.1908	1488.9860	1515.5114
April	1558.6091	1519.1724	1538.3785
May	2089.5854	1524.5340	1767.9870
June	2153.6817	2098.0716	2129.3002
July	2158.8882	2118.8137	2138.7124
August	2134.6647	2080.6018	2101.7627
September	2110.8587	2068.7903	2092.9113
October	2093.8264	2040.8025	2069.8072
November	2099.7369	2051.1839	2071.6262
December	2164.1135	2094.4244	2125.9236