2019 AFN to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 AFN to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the AFN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 24.5768. Conversely, the yearly low was recorded on July 2, dropping to 22.5848.
This high-to-low spread represents a total annual volatility of 1.9920 BIF. From a start-to-finish perspective, comparing the January average rate of 23.9109 to the December average rate of 23.8997, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 24.5768 was down 11.66% compared to the 2018 peak of 27.8201, 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 2019.
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 23.7063, compared to 23.6081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0982 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was May, with a trading range of 0.9334 BIF (High: 23.6776 / Low: 22.7442). On the other end, November was the most stable month, with a tight range of 0.2429 BIF (High: 23.9890 / Low: 23.7460).
Growth Streaks & Declines
TrendsBetween July and November, 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 April and May, when the average rate fell by 0.4490 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2019: 24.2159) against the same month in 2018 (average: 25.4483), the exchange rate shifted by -1.2324 (-4.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.1609 | 23.6323 | 23.9109 |
| February | 24.5768 | 23.8042 | 24.2159 |
| March | 24.5443 | 23.7769 | 24.1427 |
| April | 24.1214 | 23.5249 | 23.7117 |
| May | 23.6776 | 22.7442 | 23.2628 |
| June | 23.4605 | 22.5977 | 22.9940 |
| July | 23.1945 | 22.5848 | 22.9470 |
| August | 23.7970 | 23.0037 | 23.4854 |
| September | 23.7830 | 23.5348 | 23.6695 |
| October | 23.9105 | 23.5927 | 23.7425 |
| November | 23.9890 | 23.7460 | 23.9044 |
| December | 24.1712 | 23.7858 | 23.8997 |