2023 MGA to BIF Historical Review

YEARLY HIGH

0.6418 BIF

YEARLY LOW

0.4553 BIF

YEARLY AVERAGE

0.5709 BIF

2023 MGA to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.6418. Conversely, the yearly low was recorded on January 11, dropping to 0.4553.

This high-to-low spread represents a total annual volatility of 0.1864 BIF. From a start-to-finish perspective, comparing the January average rate of 0.4707 to the December average rate of 0.6221, the exchange rate registered a net change of 32.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6418 was up 24.40% compared to the 2022 peak of 0.5159, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,209 BIF

2022 Average 2,475 BIF

Yearly Trough Low 2,277 BIF

Transaction Impact: A difference of 932.23 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6484

0.4545

JanuMarcMayJulySeptNove

MGA 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 0.5143, compared to 0.6275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1133 points.

H1 Avg (Jan–Jun) 0.5143

H2 Avg (Jul–Dec) 0.6275

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.1686 BIF (High: 0.6412 / Low: 0.4726). On the other end, February was the most stable month, with a tight range of 0.0063 BIF (High: 0.4854 / Low: 0.4791).

May Spread (Volatile) ±0.1686

February Spread (Stable) ±0.0063

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 November and December, when the average rate fell by 0.0069 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.6322) against the same month in 2022 (average: 0.5062), the exchange rate shifted by +0.1261 (+24.91%).

2023 Avg (June) 0.6322

2022 Avg (June) 0.5062

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4860	0.4553	0.4707
February	0.4854	0.4791	0.4824
March	0.4838	0.4763	0.4817
April	0.4816	0.4712	0.4750
May	0.6412	0.4726	0.5435
June	0.6418	0.6235	0.6322
July	0.6409	0.6204	0.6288
August	0.6370	0.6251	0.6296
September	0.6349	0.6234	0.6289
October	0.6308	0.6243	0.6268
November	0.6341	0.6239	0.6290
December	0.6322	0.6178	0.6221