2022 AFN to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 AFN to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the AFN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 24.1538. Conversely, the yearly low was recorded on January 11, dropping to 18.9506.
This high-to-low spread represents a total annual volatility of 5.2032 BIF. From a start-to-finish perspective, comparing the January average rate of 19.1521 to the December average rate of 23.6364, the exchange rate registered a net change of 23.41% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 24.1538 was down 5.37% compared to the 2021 peak of 25.5245, 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 2022.
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 22.1429, compared to 23.3568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2139 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was February, with a trading range of 1.8818 BIF (High: 21.9478 / Low: 20.0660). On the other end, November was the most stable month, with a tight range of 0.4455 BIF (High: 23.6464 / Low: 23.2009).
Growth Streaks & Declines
TrendsBetween January and April, 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 October and November, when the average rate fell by 0.2382 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2022: 23.6683) against the same month in 2021 (average: 22.1167), the exchange rate shifted by +1.5515 (+7.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.4928 | 18.9506 | 19.1521 |
| February | 21.9478 | 20.0660 | 21.5328 |
| March | 23.5086 | 21.7813 | 22.8209 |
| April | 23.8200 | 22.8523 | 23.2431 |
| May | 23.7764 | 22.2376 | 23.0864 |
| June | 23.4466 | 22.8056 | 23.0223 |
| July | 23.4717 | 22.6778 | 23.1804 |
| August | 23.3700 | 22.4396 | 23.0068 |
| September | 23.5667 | 22.9167 | 23.2190 |
| October | 24.1538 | 23.1412 | 23.6683 |
| November | 23.6464 | 23.2009 | 23.4300 |
| December | 24.0098 | 23.2429 | 23.6364 |