YEARLY HIGH
365.1324 BIF
YEARLY LOW
262.4186 BIF
YEARLY AVERAGE
325.0594 BIF

2023 GTQ to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 365.1324. Conversely, the yearly low was recorded on January 28, dropping to 262.4186.

This high-to-low spread represents a total annual volatility of 102.7138 BIF. From a start-to-finish perspective, comparing the January average rate of 263.6170 to the December average rate of 363.9759, the exchange rate registered a net change of 38.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 365.1324 was up 36.23% compared to the 2022 peak of 268.0178, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,825,662 BIF
2022 Average 1,317,455 BIF
Yearly Trough Low 1,312,093 BIF
Transaction Impact: A difference of 513,569.02 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

374.0118
253.5811
JanuMarcMayJulySeptNove

GTQ 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 288.2471, compared to 361.8716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 73.6245 points.

H1 Avg (Jan–Jun) 288.2471
H2 Avg (Jul–Dec) 361.8716

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 94.9827 BIF (High: 361.6531 / Low: 266.6705). On the other end, January was the most stable month, with a tight range of 1.8320 BIF (High: 264.2506 / Low: 262.4186).

May Spread (Volatile) ±94.9827
January Spread (Stable) ±1.8320

Growth Streaks & Declines

Trends

Between January and June, 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 July and August, when the average rate fell by 0.2633 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.2633

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 363.9759) against the same month in 2022 (average: 262.6743), the exchange rate shifted by +101.3015 (+38.57%).

2023 Avg (December) 363.9759
2022 Avg (December) 262.6743

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 264.2506 262.4186 263.6170
February 266.0267 263.7686 264.7009
March 267.9033 265.1617 266.4838
April 267.9033 265.9131 266.9094
May 361.6531 266.6705 306.6205
June 362.8536 360.2285 361.1509
July 362.5188 359.7138 360.9870
August 362.9697 359.1564 360.7237
September 361.6918 359.5495 360.4747
October 363.9368 360.8130 362.0589
November 364.0949 359.1196 363.0095
December 365.1324 363.1075 363.9759