YEARLY HIGH
47.8400 BIF
YEARLY LOW
33.1391 BIF
YEARLY AVERAGE
40.8762 BIF

2023 GMD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 47.8400. Conversely, the yearly low was recorded on January 23, dropping to 33.1391.

This high-to-low spread represents a total annual volatility of 14.7009 BIF. From a start-to-finish perspective, comparing the January average rate of 33.3566 to the December average rate of 42.3259, the exchange rate registered a net change of 26.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 47.8400 was up 24.29% compared to the 2022 peak of 38.4913, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 239,200 BIF
2022 Average 184,765 BIF
Yearly Trough Low 165,696 BIF
Transaction Impact: A difference of 73,504.38 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

48.9872
31.9356
JanuMarcMayJulySeptNove

GMD 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 37.0573, compared to 44.6952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.6378 points.

H1 Avg (Jan–Jun) 37.0573
H2 Avg (Jul–Dec) 44.6952

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 12.7673 BIF (High: 47.4045 / Low: 34.6373). On the other end, December was the most stable month, with a tight range of 0.4881 BIF (High: 42.7008 / Low: 42.2127).

May Spread (Volatile) ±12.7673
December Spread (Stable) ±0.4881

Growth Streaks & Declines

Trends

Between April and June, 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 2.6549 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.6549

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 47.5662) against the same month in 2022 (average: 37.8993), the exchange rate shifted by +9.6669 (+25.51%).

2023 Avg (June) 47.5662
2022 Avg (June) 37.8993

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.9155 33.1391 33.3566
February 34.1758 33.6673 33.9319
March 34.0544 33.3424 33.8230
April 34.7790 33.2744 33.6243
May 47.4045 34.6373 40.0421
June 47.8400 47.3083 47.5662
July 47.7246 47.1657 47.4404
August 47.0597 46.5168 46.7796
September 46.9587 43.6384 45.9131
October 44.1496 42.9559 43.2581
November 43.6352 42.0570 42.4538
December 42.7008 42.2127 42.3259