YEARLY HIGH
16.8458 BIF
YEARLY LOW
12.4521 BIF
YEARLY AVERAGE
14.5125 BIF

2023 LRD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 23, valuing the pair at 16.8458. Conversely, the yearly low was recorded on May 15, dropping to 12.4521.

This high-to-low spread represents a total annual volatility of 4.3938 BIF. From a start-to-finish perspective, comparing the January average rate of 13.3161 to the December average rate of 15.1450, the exchange rate registered a net change of 13.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.8458 was up 22.02% compared to the 2022 peak of 13.8053, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 84,229 BIF
2022 Average 66,800 BIF
Yearly Trough Low 62,260 BIF
Transaction Impact: A difference of 21,968.78 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.5538
12.4016
JanuMarcMayJulySeptNove

LRD 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 13.8107, compared to 15.2142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4035 points.

H1 Avg (Jan–Jun) 13.8107
H2 Avg (Jul–Dec) 15.2142

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 4.3938 BIF (High: 16.8458 / Low: 12.4521). On the other end, October was the most stable month, with a tight range of 0.1095 BIF (High: 15.2372 / Low: 15.1277).

May Spread (Volatile) ±4.3938
October Spread (Stable) ±0.1095

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.8051 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 14.3188) against the same month in 2022 (average: 13.4055), the exchange rate shifted by +0.9134 (+6.81%).

2023 Avg (May) 14.3188
2022 Avg (May) 13.4055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.4866 13.1483 13.3161
February 13.5901 13.0227 13.2518
March 13.5379 12.7324 13.0222
April 12.8466 12.4733 12.7476
May 16.8458 12.4521 14.3188
June 16.7043 15.7277 16.2078
July 15.7801 15.1787 15.4027
August 15.2651 15.1172 15.2117
September 15.2795 15.1497 15.2185
October 15.2372 15.1277 15.1876
November 15.1799 15.0193 15.1197
December 15.2521 15.1148 15.1450