2023 SVC to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SVC to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SVC to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 326.3058. Conversely, the yearly low was recorded on January 28, dropping to 235.4269.
This high-to-low spread represents a total annual volatility of 90.8790 BIF. From a start-to-finish perspective, comparing the January average rate of 236.4414 to the December average rate of 325.4613, the exchange rate registered a net change of 37.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 326.3058 was up 37.80% compared to the 2022 peak of 236.7990, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SVC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SVC to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 257.6420, compared to 324.4728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 66.8308 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 84.7974 BIF (High: 322.5896 / Low: 237.7922). On the other end, December was the most stable month, with a tight range of 1.5639 BIF (High: 326.1093 / Low: 324.5454).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 324.6153) against the same month in 2022 (average: 235.2873), the exchange rate shifted by +89.3280 (+37.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 237.0521 | 235.4269 | 236.4414 |
| February | 237.4425 | 235.8026 | 236.9126 |
| March | 238.7896 | 236.6806 | 237.6428 |
| April | 238.7896 | 236.9630 | 237.8901 |
| May | 322.5896 | 237.7922 | 273.5651 |
| June | 324.9061 | 322.3741 | 323.3997 |
| July | 324.9320 | 322.5184 | 323.7566 |
| August | 325.9380 | 322.7611 | 323.9073 |
| September | 325.3906 | 323.4739 | 324.1785 |
| October | 326.3058 | 323.7728 | 324.6153 |
| November | 325.9296 | 322.1235 | 324.9176 |
| December | 326.1093 | 324.5454 | 325.4613 |