2023 PLN to BIF Historical Review

YEARLY HIGH

732.8753 BIF

YEARLY LOW

461.1035 BIF

YEARLY AVERAGE

609.0267 BIF

2023 PLN to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 732.8753. Conversely, the yearly low was recorded on February 24, dropping to 461.1035.

This high-to-low spread represents a total annual volatility of 271.7718 BIF. From a start-to-finish perspective, comparing the January average rate of 477.3629 to the December average rate of 718.8066, the exchange rate registered a net change of 50.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 732.8753 was up 43.80% compared to the 2022 peak of 509.6396, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 14,657,506 BIF

2022 Average 9,190,698 BIF

Yearly Trough Low 9,222,071 BIF

Transaction Impact: A difference of 5,435,435.54 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

743.9154

442.6097

JanuMarcMayJulySeptNove

PLN 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 528.4186, compared to 689.6349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 161.2163 points.

H1 Avg (Jan–Jun) 528.4186

H2 Avg (Jul–Dec) 689.6349

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 183.0745 BIF (High: 676.7989 / Low: 493.7244). On the other end, August was the most stable month, with a tight range of 18.7154 BIF (High: 703.4494 / Low: 684.7340).

May Spread (Volatile) ±183.0745

August Spread (Stable) ±18.7154

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 35.2169 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -35.2169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 718.8066) against the same month in 2022 (average: 467.8568), the exchange rate shifted by +250.9498 (+53.64%).

2023 Avg (December) 718.8066

2022 Avg (December) 467.8568

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	501.2339	464.9678	477.3629
February	485.6299	461.1035	467.7185
March	485.2898	465.1530	473.8772
April	502.4579	480.5168	491.4725
May	676.7989	493.7244	572.1308
June	701.2543	671.9195	687.9496
July	716.1176	688.0328	704.0713
August	703.4494	684.7340	693.5000
September	685.6695	644.3105	658.2831
October	679.8404	642.1534	664.9630
November	724.7785	672.3768	698.1851
December	732.8753	707.1146	718.8066