2023 UAH to BIF Historical Review

YEARLY HIGH

79.0105 BIF

YEARLY LOW

56.0223 BIF

YEARLY AVERAGE

69.1912 BIF

2023 UAH to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 79.0105. Conversely, the yearly low was recorded on January 23, dropping to 56.0223.

This high-to-low spread represents a total annual volatility of 22.9882 BIF. From a start-to-finish perspective, comparing the January average rate of 56.2826 to the December average rate of 76.6525, the exchange rate registered a net change of 36.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 79.0105 was up 7.55% compared to the 2022 peak of 73.4634, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 395,053 BIF

2022 Average 316,871 BIF

Yearly Trough Low 280,111 BIF

Transaction Impact: A difference of 114,941.24 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

80.8380

54.0503

JanuMarcMayJulySeptNove

UAH 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 61.1491, compared to 77.2332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.0842 points.

H1 Avg (Jan–Jun) 61.1491

H2 Avg (Jul–Dec) 77.2332

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 20.4321 BIF (High: 76.7669 / Low: 56.3347). On the other end, January was the most stable month, with a tight range of 0.4306 BIF (High: 56.4529 / Low: 56.0223).

May Spread (Volatile) ±20.4321

January Spread (Stable) ±0.4306

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.9532 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.9532

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 78.6057) against the same month in 2022 (average: 55.8965), the exchange rate shifted by +22.7092 (+40.63%).

2023 Avg (November) 78.6057

2022 Avg (November) 55.8965

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.4529	56.0223	56.2826
February	56.5319	56.0613	56.3282
March	56.8559	56.0706	56.3517
April	56.8559	56.1401	56.4774
May	76.7669	56.3347	64.8430
June	76.9819	76.1994	76.6116
July	77.2551	76.4126	76.7994
August	77.2138	76.4613	76.7690
September	77.1517	76.6396	76.8156
October	78.3397	76.7916	77.7572
November	79.0105	77.6289	78.6057
December	77.9963	74.7560	76.6525