2017 AFN to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 AFN to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the AFN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 25.9090. Conversely, the yearly low was recorded on July 16, dropping to 24.7711.
This high-to-low spread represents a total annual volatility of 1.1378 BIF. From a start-to-finish perspective, comparing the January average rate of 25.1729 to the December average rate of 25.4042, the exchange rate registered a net change of 0.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 25.9090 was up 1.37% compared to the 2016 peak of 25.5586, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
AFN 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 25.2483, compared to 25.4647 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2164 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 0.6762 BIF (High: 25.4473 / Low: 24.7711). On the other end, June was the most stable month, with a tight range of 0.2952 BIF (High: 25.4986 / Low: 25.2034).
Growth Streaks & Declines
TrendsBetween July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2623 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2017: 25.6756) against the same month in 2016 (average: 25.3072), the exchange rate shifted by +0.3684 (+1.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.5117 | 24.9879 | 25.1729 |
| February | 25.5298 | 25.1295 | 25.3424 |
| March | 25.7634 | 25.2475 | 25.4319 |
| April | 25.4605 | 24.9926 | 25.1696 |
| May | 25.4052 | 24.8503 | 25.0500 |
| June | 25.4986 | 25.2034 | 25.3231 |
| July | 25.4473 | 24.7711 | 25.2757 |
| August | 25.5784 | 25.2493 | 25.3978 |
| September | 25.6212 | 25.2654 | 25.4615 |
| October | 25.9090 | 25.5586 | 25.6756 |
| November | 25.7690 | 25.4425 | 25.5735 |
| December | 25.7668 | 25.1887 | 25.4042 |