YEARLY HIGH
0.3929 BIF
YEARLY LOW
0.2781 BIF
YEARLY AVERAGE
0.3491 BIF

2023 PYG to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 0.3929. Conversely, the yearly low was recorded on January 23, dropping to 0.2781.

This high-to-low spread represents a total annual volatility of 0.1147 BIF. From a start-to-finish perspective, comparing the January average rate of 0.2805 to the December average rate of 0.3874, the exchange rate registered a net change of 38.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3929 was up 30.19% compared to the 2022 peak of 0.3018, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,964 BIF
2022 Average 1,463 BIF
Yearly Trough Low 1,391 BIF
Transaction Impact: A difference of 573.68 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4012
0.2695
JanuMarcMayJulySeptNove

PYG 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 0.3110, compared to 0.3872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0762 points.

H1 Avg (Jan–Jun) 0.3110
H2 Avg (Jul–Dec) 0.3872

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.1038 BIF (High: 0.3912 / Low: 0.2874). On the other end, September was the most stable month, with a tight range of 0.0029 BIF (High: 0.3913 / Low: 0.3885).

May Spread (Volatile) ±0.1038
September Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between January and June, 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 September and October, when the average rate fell by 0.0047 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.3896) against the same month in 2022 (average: 0.2995), the exchange rate shifted by +0.0901 (+30.06%).

2023 Avg (July) 0.3896
2022 Avg (July) 0.2995

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2835 0.2781 0.2805
February 0.2856 0.2808 0.2839
March 0.2918 0.2836 0.2889
April 0.2922 0.2867 0.2905
May 0.3912 0.2874 0.3321
June 0.3926 0.3880 0.3902
July 0.3929 0.3881 0.3896
August 0.3914 0.3879 0.3897
September 0.3913 0.3885 0.3898
October 0.3905 0.3799 0.3851
November 0.3834 0.3772 0.3818
December 0.3916 0.3823 0.3874