YEARLY HIGH
600.2473 BIF
YEARLY LOW
427.1220 BIF
YEARLY AVERAGE
529.0066 BIF

2023 LYD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LYD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 600.2473. Conversely, the yearly low was recorded on February 28, dropping to 427.1220.

This high-to-low spread represents a total annual volatility of 173.1253 BIF. From a start-to-finish perspective, comparing the January average rate of 432.7124 to the December average rate of 592.9664, the exchange rate registered a net change of 37.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 600.2473 was up 35.82% compared to the 2022 peak of 441.9377, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,001,236 BIF
2022 Average 2,126,142 BIF
Yearly Trough Low 2,135,610 BIF
Transaction Impact: A difference of 865,626.48 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

609.4260
415.9612
JanuMarcMayJulySeptNove

LYD 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 470.2630, compared to 587.7502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 117.4872 points.

H1 Avg (Jan–Jun) 470.2630
H2 Avg (Jul–Dec) 587.7502

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 153.2003 BIF (High: 587.7212 / Low: 434.5209). On the other end, April was the most stable month, with a tight range of 6.0774 BIF (High: 440.6324 / Low: 434.5550).

May Spread (Volatile) ±153.2003
April Spread (Stable) ±6.0774

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 4.8416 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.8416

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 592.9664) against the same month in 2022 (average: 427.3236), the exchange rate shifted by +165.6429 (+38.76%).

2023 Avg (December) 592.9664
2022 Avg (December) 427.3236

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 436.1111 427.8008 432.7124
February 437.7480 427.1220 432.4379
March 437.0715 428.2903 432.0833
April 440.6324 434.5550 436.7244
May 587.7212 434.5209 499.9486
June 592.2836 584.0635 587.6717
July 599.1561 586.9231 593.3039
August 594.5655 585.3706 589.3543
September 589.5507 579.9835 584.5127
October 582.7013 575.6533 580.3171
November 593.6448 575.4572 586.0468
December 600.2473 588.6605 592.9664