2023 XDR to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 XDR to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the XDR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 3845.6174. Conversely, the yearly low was recorded on January 9, dropping to 2743.5927.
This high-to-low spread represents a total annual volatility of 1102.0247 BIF. From a start-to-finish perspective, comparing the January average rate of 2779.5482 to the December average rate of 3801.8828, the exchange rate registered a net change of 36.78% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 3845.6174 was up 31.71% compared to the 2022 peak of 2919.7178, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
XDR 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 3020.7562, compared to 3769.8510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 749.0947 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 992.9564 BIF (High: 3794.5301 / Low: 2801.5738). On the other end, April was the most stable month, with a tight range of 25.9111 BIF (High: 2821.9249 / Low: 2796.0138).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 34.3652 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 3802.3458) against the same month in 2022 (average: 2797.0103), the exchange rate shifted by +1005.3355 (+35.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2804.0367 | 2743.5927 | 2779.5482 |
| February | 2811.0782 | 2745.2942 | 2776.7696 |
| March | 2803.1842 | 2751.7437 | 2770.3854 |
| April | 2821.9249 | 2796.0138 | 2806.5154 |
| May | 3794.5301 | 2801.5738 | 3215.1340 |
| June | 3808.0169 | 3755.5156 | 3776.1848 |
| July | 3845.6174 | 3753.5285 | 3802.3458 |
| August | 3833.6728 | 3754.0587 | 3783.5609 |
| September | 3776.4911 | 3717.4587 | 3749.1958 |
| October | 3754.5272 | 3716.0840 | 3727.4081 |
| November | 3796.8157 | 3693.1032 | 3754.7124 |
| December | 3826.2636 | 3777.6212 | 3801.8828 |