YEARLY HIGH
3393.9477 BIF
YEARLY LOW
2194.1108 BIF
YEARLY AVERAGE
2840.4291 BIF

2023 CHF to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 3393.9477. Conversely, the yearly low was recorded on February 24, dropping to 2194.1108.

This high-to-low spread represents a total annual volatility of 1199.8369 BIF. From a start-to-finish perspective, comparing the January average rate of 2239.0885 to the December average rate of 3300.7431, the exchange rate registered a net change of 47.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3393.9477 was up 51.47% compared to the 2022 peak of 2240.6946, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,969,738 BIF
2022 Average 10,700,858 BIF
Yearly Trough Low 10,970,554 BIF
Transaction Impact: A difference of 5,999,184.62 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3407.0756
2131.0860
JanuMarcMayJulySeptNove

CHF 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 2473.1796, compared to 3207.6785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 734.4989 points.

H1 Avg (Jan–Jun) 2473.1796
H2 Avg (Jul–Dec) 3207.6785

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 834.7466 BIF (High: 3137.2366 / Low: 2302.4900). On the other end, August was the most stable month, with a tight range of 44.4074 BIF (High: 3247.2521 / Low: 3202.8447).

May Spread (Volatile) ±834.7466
August Spread (Stable) ±44.4074

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 70.8558 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -70.8558

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3300.7431) against the same month in 2022 (average: 2217.3538), the exchange rate shifted by +1083.3893 (+48.86%).

2023 Avg (December) 3300.7431
2022 Avg (December) 2217.3538

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2263.4947 2209.4487 2239.0885
February 2285.9750 2194.1108 2237.4185
March 2279.1666 2199.4392 2244.0793
April 2339.9740 2266.0814 2313.3899
May 3137.2366 2302.4900 2661.8345
June 3178.7153 3102.4831 3143.2671
July 3303.1719 3137.3529 3236.8480
August 3247.2521 3202.8447 3225.5503
September 3211.7777 3085.8260 3154.6945
October 3189.2497 3083.1718 3141.4272
November 3254.9776 3128.1166 3186.8080
December 3393.9477 3235.9355 3300.7431