2023 EUR to BIF Historical Review

YEARLY HIGH

3187.5422 BIF

YEARLY LOW

2176.8693 BIF

YEARLY AVERAGE

2755.2600 BIF

2023 EUR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 3187.5422. Conversely, the yearly low was recorded on January 5, dropping to 2176.8693.

This high-to-low spread represents a total annual volatility of 1010.6728 BIF. From a start-to-finish perspective, comparing the January average rate of 2231.9441 to the December average rate of 3114.0131, the exchange rate registered a net change of 39.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3187.5422 was up 38.10% compared to the 2022 peak of 2308.1494, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,937,711 BIF

2022 Average 10,755,855 BIF

Yearly Trough Low 10,884,347 BIF

Transaction Impact: A difference of 5,053,364.11 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3220.0333

2127.8410

JanuMarcMayJulySeptNove

EUR 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 2438.0161, compared to 3072.5040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 634.4879 points.

H1 Avg (Jan–Jun) 2438.0161

H2 Avg (Jul–Dec) 3072.5040

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 805.7564 BIF (High: 3050.7924 / Low: 2245.0360). On the other end, October was the most stable month, with a tight range of 58.9472 BIF (High: 3032.1144 / Low: 2973.1672).

May Spread (Volatile) ±805.7564

October Spread (Stable) ±58.9472

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 63.6592 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -63.6592

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 3129.0173) against the same month in 2022 (average: 2096.3203), the exchange rate shifted by +1032.6970 (+49.26%).

2023 Avg (July) 3129.0173

2022 Avg (July) 2096.3203

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2259.8552	2176.8693	2231.9441
February	2283.9383	2182.1642	2218.8570
March	2269.0099	2191.9972	2224.7356
April	2320.0849	2246.9766	2284.9718
May	3050.7924	2245.0360	2599.4102
June	3112.1946	3021.5331	3068.1778
July	3187.5422	3064.4496	3129.0173
August	3124.2797	3060.8943	3092.0064
September	3066.8114	2985.2020	3028.3472
October	3032.1144	2973.1672	2998.8867
November	3131.1871	3004.8848	3072.7532
December	3166.7266	3066.9667	3114.0131