YEARLY HIGH
11.4293 BIF
YEARLY LOW
8.1924 BIF
YEARLY AVERAGE
10.1696 BIF

2023 YER to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 11.4293. Conversely, the yearly low was recorded on March 18, dropping to 8.1924.

This high-to-low spread represents a total annual volatility of 3.2369 BIF. From a start-to-finish perspective, comparing the January average rate of 8.2649 to the December average rate of 11.3926, the exchange rate registered a net change of 37.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.4293 was up 37.64% compared to the 2022 peak of 8.3037, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57,146 BIF
2022 Average 40,801 BIF
Yearly Trough Low 40,962 BIF
Transaction Impact: A difference of 16,184.43 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.7054
7.9521
JanuMarcMayJulySeptNove

YER 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 9.0012, compared to 11.3380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3368 points.

H1 Avg (Jan–Jun) 9.0012
H2 Avg (Jul–Dec) 11.3380

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 2.9812 BIF (High: 11.2854 / Low: 8.3042). On the other end, January was the most stable month, with a tight range of 0.0567 BIF (High: 8.2875 / Low: 8.2308).

May Spread (Volatile) ±2.9812
January Spread (Stable) ±0.0567

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 11.3926) against the same month in 2022 (average: 8.2584), the exchange rate shifted by +3.1342 (+37.95%).

2023 Avg (December) 11.3926
2022 Avg (December) 8.2584

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.2875 8.2308 8.2649
February 8.3511 8.2445 8.2816
March 8.3283 8.1924 8.2949
April 8.3283 8.2333 8.3061
May 11.2854 8.3042 9.5579
June 11.3521 11.2436 11.3018
July 11.3581 11.2192 11.3034
August 11.3566 11.2737 11.3223
September 11.3658 11.2810 11.3282
October 11.3772 11.2763 11.3379
November 11.3863 11.2523 11.3434
December 11.4293 11.3641 11.3926