2023 GNF to BIF Historical Review

YEARLY HIGH

0.3336 BIF

YEARLY LOW

0.2342 BIF

YEARLY AVERAGE

0.2954 BIF

2023 GNF to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.3336. Conversely, the yearly low was recorded on January 27, dropping to 0.2342.

This high-to-low spread represents a total annual volatility of 0.0994 BIF. From a start-to-finish perspective, comparing the January average rate of 0.2387 to the December average rate of 0.3314, the exchange rate registered a net change of 38.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3336 was up 38.80% compared to the 2022 peak of 0.2404, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,668 BIF

2022 Average 1,160 BIF

Yearly Trough Low 1,171 BIF

Transaction Impact: A difference of 497.20 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3407

0.2295

JanuMarcMayJulySeptNove

GNF 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 0.2610, compared to 0.3298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0688 points.

H1 Avg (Jan–Jun) 0.2610

H2 Avg (Jul–Dec) 0.3298

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0875 BIF (High: 0.3282 / Low: 0.2407). On the other end, July was the most stable month, with a tight range of 0.0024 BIF (High: 0.3301 / Low: 0.3277).

May Spread (Volatile) ±0.0875

July Spread (Stable) ±0.0024

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 (December 2023: 0.3314) against the same month in 2022 (average: 0.2377), the exchange rate shifted by +0.0937 (+39.41%).

2023 Avg (December) 0.3314

2022 Avg (December) 0.2377

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2409	0.2342	0.2387
February	0.2426	0.2352	0.2398
March	0.2421	0.2361	0.2404
April	0.2428	0.2397	0.2418
May	0.3282	0.2407	0.2774
June	0.3294	0.3262	0.3280
July	0.3301	0.3277	0.3287
August	0.3303	0.3267	0.3291
September	0.3308	0.3284	0.3296
October	0.3325	0.3288	0.3300
November	0.3316	0.3256	0.3302
December	0.3336	0.3306	0.3314