2023 ETB to BIF Historical Review

YEARLY HIGH

52.1767 BIF

YEARLY LOW

38.2023 BIF

YEARLY AVERAGE

46.4313 BIF

2023 ETB to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 52.1767. Conversely, the yearly low was recorded on April 24, dropping to 38.2023.

This high-to-low spread represents a total annual volatility of 13.9744 BIF. From a start-to-finish perspective, comparing the January average rate of 38.5730 to the December average rate of 50.7629, the exchange rate registered a net change of 31.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 52.1767 was up 28.00% compared to the 2022 peak of 40.7630, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 260,884 BIF

2022 Average 196,633 BIF

Yearly Trough Low 191,011 BIF

Transaction Impact: A difference of 69,872.20 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

53.1822

37.0370

JanuMarcMayJulySeptNove

ETB 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 41.6695, compared to 51.1931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.5236 points.

H1 Avg (Jan–Jun) 41.6695

H2 Avg (Jul–Dec) 51.1931

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 13.7183 BIF (High: 51.9816 / Low: 38.2633). On the other end, March was the most stable month, with a tight range of 0.2050 BIF (High: 38.7222 / Low: 38.5172).

May Spread (Volatile) ±13.7183

March Spread (Stable) ±0.2050

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3174 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 51.8367) against the same month in 2022 (average: 39.4438), the exchange rate shifted by +12.3929 (+31.42%).

2023 Avg (June) 51.8367

2022 Avg (June) 39.4438

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.6720	38.3457	38.5730
February	38.7482	38.3607	38.6010
March	38.7222	38.5172	38.6269
April	38.6827	38.2023	38.3825
May	51.9816	38.2633	43.9969
June	52.1767	51.5281	51.8367
July	52.0797	51.3792	51.6078
August	51.7982	51.2221	51.4531
September	51.6128	51.2253	51.3571
October	51.4806	50.6755	51.0397
November	51.2406	50.6243	50.9378
December	51.1565	50.5719	50.7629