YEARLY HIGH
223.0855 BIF
YEARLY LOW
145.7165 BIF
YEARLY AVERAGE
189.6395 BIF

2023 SCR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 223.0855. Conversely, the yearly low was recorded on January 28, dropping to 145.7165.

This high-to-low spread represents a total annual volatility of 77.3689 BIF. From a start-to-finish perspective, comparing the January average rate of 152.8509 to the December average rate of 212.2576, the exchange rate registered a net change of 38.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 223.0855 was up 37.92% compared to the 2022 peak of 161.7456, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,115,427 BIF
2022 Average 754,266 BIF
Yearly Trough Low 728,583 BIF
Transaction Impact: A difference of 386,844.66 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

222.1691
146.5492
JanuMarcMayJulySeptNove

SCR 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 166.3591, compared to 212.9198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 46.5607 points.

H1 Avg (Jan–Jun) 166.3591
H2 Avg (Jul–Dec) 212.9198

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 65.8941 BIF (High: 214.8376 / Low: 148.9435). On the other end, August was the most stable month, with a tight range of 7.9370 BIF (High: 215.4193 / Low: 207.4823).

May Spread (Volatile) ±65.8941
August Spread (Stable) ±7.9370

Growth Streaks & Declines

Trends

Between April and September, 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 2.8167 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.8167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 213.0508) against the same month in 2022 (average: 154.2015), the exchange rate shifted by +58.8493 (+38.16%).

2023 Avg (October) 213.0508
2022 Avg (October) 154.2015

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 160.5410 145.7165 152.8509
February 159.1378 146.1161 153.0663
March 159.9548 147.7464 154.3359
April 161.1299 148.2416 153.9665
May 214.8376 148.9435 177.3936
June 215.7504 199.9979 206.5414
July 217.6677 198.9233 211.7927
August 215.4193 207.4823 211.9432
September 222.8994 208.3269 215.8675
October 223.0855 205.6568 213.0508
November 218.1806 206.3021 212.6071
December 220.6945 204.0650 212.2576