YEARLY HIGH
16.0949 BIF
YEARLY LOW
11.5258 BIF
YEARLY AVERAGE
14.3140 BIF

2023 DJF to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 16.0949. Conversely, the yearly low was recorded on February 4, dropping to 11.5258.

This high-to-low spread represents a total annual volatility of 4.5691 BIF. From a start-to-finish perspective, comparing the January average rate of 11.6396 to the December average rate of 16.0068, the exchange rate registered a net change of 37.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.0949 was up 37.81% compared to the 2022 peak of 11.6791, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 80,475 BIF
2022 Average 57,360 BIF
Yearly Trough Low 57,629 BIF
Transaction Impact: A difference of 22,845.51 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.4436
11.2029
JanuMarcMayJulySeptNove

DJF 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 12.6717, compared to 15.9562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2844 points.

H1 Avg (Jan–Jun) 12.6717
H2 Avg (Jul–Dec) 15.9562

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 4.1809 BIF (High: 15.8665 / Low: 11.6856). On the other end, March was the most stable month, with a tight range of 0.0829 BIF (High: 11.7248 / Low: 11.6420).

May Spread (Volatile) ±4.1809
March Spread (Stable) ±0.0829

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 15.9259) against the same month in 2022 (average: 11.5566), the exchange rate shifted by +4.3693 (+37.81%).

2023 Avg (July) 15.9259
2022 Avg (July) 11.5566

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.6675 11.5714 11.6396
February 11.7308 11.5258 11.6483
March 11.7248 11.6420 11.6870
April 11.8664 11.6686 11.7060
May 15.8665 11.6856 13.4522
June 16.0500 15.8028 15.8973
July 16.0949 15.8762 15.9259
August 16.0335 15.8165 15.9303
September 15.9908 15.8883 15.9308
October 16.0358 15.9112 15.9581
November 16.0301 15.9278 15.9852
December 16.0845 15.9385 16.0068