2023 CHF to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |