2023 SHP to BIF Historical Review

YEARLY HIGH

3716.5578 BIF

YEARLY LOW

2457.6156 BIF

YEARLY AVERAGE

3170.9890 BIF

2023 SHP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SHP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 3716.5578. Conversely, the yearly low was recorded on March 7, dropping to 2457.6156.

This high-to-low spread represents a total annual volatility of 1258.9422 BIF. From a start-to-finish perspective, comparing the January average rate of 2533.2378 to the December average rate of 3610.8192, the exchange rate registered a net change of 42.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3716.5578 was up 35.29% compared to the 2022 peak of 2747.0273, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18,582,789 BIF

2022 Average 12,622,556 BIF

Yearly Trough Low 12,288,078 BIF

Transaction Impact: A difference of 6,294,711.01 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3758.4239

2386.8978

JanuMarcMayJulySeptNove

SHP 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 2783.5135, compared to 3558.4645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 774.9510 points.

H1 Avg (Jan–Jun) 2783.5135

H2 Avg (Jul–Dec) 3558.4645

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 924.6018 BIF (High: 3510.6196 / Low: 2586.0178). On the other end, August was the most stable month, with a tight range of 58.4565 BIF (High: 3624.9204 / Low: 3566.4638).

May Spread (Volatile) ±924.6018

August Spread (Stable) ±58.4565

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 86.6468 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -86.6468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 3644.1301) against the same month in 2022 (average: 2469.3077), the exchange rate shifted by +1174.8223 (+47.58%).

2023 Avg (July) 3644.1301

2022 Avg (July) 2469.3077

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2572.9549	2464.2351	2533.2378
February	2569.0801	2464.8278	2501.1917
March	2577.3861	2457.6156	2520.3753
April	2621.7841	2555.1274	2587.9164
May	3510.6196	2586.0178	2982.7482
June	3642.6567	3511.9416	3575.6118
July	3716.5578	3565.6625	3644.1301
August	3624.9204	3566.4638	3599.5892
September	3587.2851	3447.8824	3512.9424
October	3497.2460	3429.6702	3454.3425
November	3617.4290	3455.9018	3528.9639
December	3648.8237	3573.4442	3610.8192