2023 HTG to BIF Historical Review

YEARLY HIGH

21.6211 BIF

YEARLY LOW

13.3223 BIF

YEARLY AVERAGE

18.1682 BIF

2023 HTG to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 21.6211. Conversely, the yearly low was recorded on April 15, dropping to 13.3223.

This high-to-low spread represents a total annual volatility of 8.2989 BIF. From a start-to-finish perspective, comparing the January average rate of 13.9378 to the December average rate of 21.5593, the exchange rate registered a net change of 54.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.6211 was up 6.84% compared to the 2022 peak of 20.2362, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 108,106 BIF

2022 Average 87,831 BIF

Yearly Trough Low 66,611 BIF

Transaction Impact: A difference of 41,494.46 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

22.3742

12.5960

JanuMarcMayJulySeptNove

HTG 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 15.2512, compared to 21.0852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.8340 points.

H1 Avg (Jan–Jun) 15.2512

H2 Avg (Jul–Dec) 21.0852

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 6.7046 BIF (High: 20.1558 / Low: 13.4512). On the other end, December was the most stable month, with a tight range of 0.1322 BIF (High: 21.6211 / Low: 21.4890).

May Spread (Volatile) ±6.7046

December Spread (Stable) ±0.1322

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2845 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.2845

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 21.5593) against the same month in 2022 (average: 14.2824), the exchange rate shifted by +7.2769 (+50.95%).

2023 Avg (December) 21.5593

2022 Avg (December) 14.2824

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.0228	13.8337	13.9378
February	13.9180	13.6886	13.8045
March	13.7450	13.3741	13.5200
April	13.5633	13.3223	13.4108
May	20.1558	13.4512	16.5198
June	20.5183	20.0306	20.3145
July	20.8007	20.3533	20.5483
August	20.9510	20.6756	20.8219
September	21.1050	20.7784	20.9638
October	21.4036	20.9295	21.1873
November	21.5332	21.2127	21.4306
December	21.6211	21.4890	21.5593