2023 SZL to BIF Historical Review

YEARLY HIGH

161.1495 BIF

YEARLY LOW

107.5654 BIF

YEARLY AVERAGE

137.7655 BIF

2023 SZL to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 161.1495. Conversely, the yearly low was recorded on May 18, dropping to 107.5654.

This high-to-low spread represents a total annual volatility of 53.5841 BIF. From a start-to-finish perspective, comparing the January average rate of 120.9720 to the December average rate of 153.0144, the exchange rate registered a net change of 26.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 161.1495 was up 14.48% compared to the 2022 peak of 140.7694, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 805,748 BIF

2022 Average 626,308 BIF

Yearly Trough Low 537,827 BIF

Transaction Impact: A difference of 267,920.56 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

159.5438

109.6053

JanuMarcMayJulySeptNove

SZL 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 123.6570, compared to 151.8740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 28.2171 points.

H1 Avg (Jan–Jun) 123.6570

H2 Avg (Jul–Dec) 151.8740

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 38.8873 BIF (High: 146.4527 / Low: 107.5654). On the other end, January was the most stable month, with a tight range of 3.7699 BIF (High: 122.7378 / Low: 118.9680).

May Spread (Volatile) ±38.8873

January Spread (Stable) ±3.7699

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 5.1080 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -5.1080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 155.3823) against the same month in 2022 (average: 122.4803), the exchange rate shifted by +32.9020 (+26.86%).

2023 Avg (July) 155.3823

2022 Avg (July) 122.4803

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	122.7378	118.9680	120.9720
February	121.3005	112.0921	115.8640
March	117.1019	111.6081	113.7669
April	117.1256	112.9042	114.7041
May	146.4527	107.5654	125.3676
June	156.2431	142.6789	151.2673
July	161.1495	148.5714	155.3823
August	157.2659	145.4549	150.9340
September	151.5973	147.3498	149.6263
October	151.2073	145.3945	148.8667
November	156.7356	150.1016	153.4207
December	156.8399	149.0534	153.0144