2023 SLL to BIF Historical Review

YEARLY HIGH

0.1610 BIF

YEARLY LOW

0.1161 BIF

YEARLY AVERAGE

0.1333 BIF

2023 SLL to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 0.1610. Conversely, the yearly low was recorded on March 18, dropping to 0.1161.

This high-to-low spread represents a total annual volatility of 0.0449 BIF. From a start-to-finish perspective, comparing the January average rate of 0.1171 to the December average rate of 0.1359, the exchange rate registered a net change of 16.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1610 was down 9.60% compared to the 2022 peak of 0.1781, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 805 BIF

2022 Average 760 BIF

Yearly Trough Low 580 BIF

Transaction Impact: A difference of 224.44 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1645

0.1128

JanuMarcMayJulySeptNove

SLL 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 0.1276, compared to 0.1390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 0.1276

H2 Avg (Jul–Dec) 0.1390

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0423 BIF (High: 0.1599 / Low: 0.1177). On the other end, December was the most stable month, with a tight range of 0.0007 BIF (High: 0.1364 / Low: 0.1357).

May Spread (Volatile) ±0.0423

December Spread (Stable) ±0.0007

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 July and August, when the average rate fell by 0.0218 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1569) against the same month in 2022 (average: 0.1520), the exchange rate shifted by +0.0049 (+3.21%).

2023 Avg (July) 0.1569

2022 Avg (July) 0.1520

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1174	0.1167	0.1171
February	0.1183	0.1168	0.1174
March	0.1180	0.1161	0.1175
April	0.1180	0.1167	0.1177
May	0.1599	0.1177	0.1354
June	0.1609	0.1593	0.1602
July	0.1610	0.1345	0.1569
August	0.1356	0.1346	0.1352
September	0.1357	0.1347	0.1352
October	0.1358	0.1347	0.1354
November	0.1359	0.1343	0.1354
December	0.1364	0.1357	0.1359