2023 IRR to BIF Historical Review

YEARLY HIGH

0.0681 BIF

YEARLY LOW

0.0485 BIF

YEARLY AVERAGE

0.0603 BIF

2023 IRR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IRR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0681. Conversely, the yearly low was recorded on March 18, dropping to 0.0485.

This high-to-low spread represents a total annual volatility of 0.0195 BIF. From a start-to-finish perspective, comparing the January average rate of 0.0493 to the December average rate of 0.0675, the exchange rate registered a net change of 36.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0681 was up 35.51% compared to the 2022 peak of 0.0502, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 340 BIF

2022 Average 242 BIF

Yearly Trough Low 243 BIF

Transaction Impact: A difference of 97.69 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0693

0.0473

JanuMarcMayJulySeptNove

IRR 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 0.0534, compared to 0.0672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0138 points.

H1 Avg (Jan–Jun) 0.0534

H2 Avg (Jul–Dec) 0.0672

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0176 BIF (High: 0.0668 / Low: 0.0492). On the other end, September was the most stable month, with a tight range of 0.0005 BIF (High: 0.0674 / Low: 0.0668).

May Spread (Volatile) ±0.0176

September Spread (Stable) ±0.0005

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 January and February, when the average rate fell by 0.0002 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0675) against the same month in 2022 (average: 0.0496), the exchange rate shifted by +0.0180 (+36.23%).

2023 Avg (December) 0.0675

2022 Avg (December) 0.0496

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0498	0.0488	0.0493
February	0.0499	0.0488	0.0491
March	0.0500	0.0485	0.0492
April	0.0493	0.0488	0.0492
May	0.0668	0.0492	0.0566
June	0.0673	0.0666	0.0669
July	0.0673	0.0665	0.0670
August	0.0673	0.0667	0.0670
September	0.0674	0.0668	0.0671
October	0.0674	0.0669	0.0672
November	0.0674	0.0667	0.0672
December	0.0681	0.0673	0.0675