YEARLY HIGH
11.1306 STD
YEARLY LOW
7.7894 STD
YEARLY AVERAGE
9.0921 STD

2023 BIF to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 11.1306. Conversely, the yearly low was recorded on December 17, dropping to 7.7894.

This high-to-low spread represents a total annual volatility of 3.3412 STD. From a start-to-finish perspective, comparing the January average rate of 11.0319 to the December average rate of 7.8161, the exchange rate registered a net change of -29.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.1306 was down 3.22% compared to the 2022 peak of 11.5010, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,653 STD
2022 Average 54,276 STD
Yearly Trough Low 38,947 STD
Transaction Impact: A difference of 16,706.14 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.3535
7.4946
JanuMarcMayJulySeptNove

BIF to STD 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 10.3052, compared to 7.8791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4261 points.

H1 Avg (Jan–Jun) 10.3052
H2 Avg (Jul–Dec) 7.8791

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 2.9024 STD (High: 10.9808 / Low: 8.0784). On the other end, December was the most stable month, with a tight range of 0.0425 STD (High: 7.8319 / Low: 7.7894).

May Spread (Volatile) ±2.9024
December Spread (Stable) ±0.0425

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.6859 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -1.6859

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 10.9931) against the same month in 2022 (average: 10.5730), the exchange rate shifted by +0.4201 (+3.97%).

2023 Avg (March) 10.9931
2022 Avg (March) 10.5730

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.0742 11.0034 11.0319
February 11.0581 10.9214 11.0091
March 11.1306 10.9468 10.9931
April 11.0731 10.9468 10.9767
May 10.9808 8.0784 9.7530
June 8.1084 8.0310 8.0672
July 8.1261 7.8595 8.0418
August 7.8947 7.8371 7.8621
September 7.8904 7.8292 7.8570
October 7.8913 7.8237 7.8504
November 7.9101 7.8182 7.8469
December 7.8319 7.7894 7.8161