2016 BGN to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BGN to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BGN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 972.2737. Conversely, the yearly low was recorded on January 24, dropping to 857.0673.
This high-to-low spread represents a total annual volatility of 115.2063 BIF. From a start-to-finish perspective, comparing the January average rate of 867.5396 to the December average rate of 902.7372, the exchange rate registered a net change of 4.06% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 972.2737 was up 0.68% compared to the 2015 peak of 965.7350, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BGN 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 894.3703, compared to 934.9901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.6198 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 85.9569 BIF (High: 972.2737 / Low: 886.3168). On the other end, September was the most stable month, with a tight range of 12.6524 BIF (High: 958.5298 / Low: 945.8774).
Growth Streaks & Declines
TrendsBetween May and September, 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 November and December, when the average rate fell by 19.9204 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 922.7712) against the same month in 2015 (average: 898.1256), the exchange rate shifted by +24.6456 (+2.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 874.0012 | 857.0673 | 867.5396 |
| February | 897.2151 | 870.3938 | 885.6533 |
| March | 908.9527 | 872.4058 | 888.8549 |
| April | 911.3770 | 889.1852 | 900.7432 |
| May | 917.7296 | 885.1823 | 900.6596 |
| June | 972.2737 | 886.3168 | 922.7712 |
| July | 947.5477 | 930.7375 | 938.2436 |
| August | 964.3029 | 941.9337 | 952.2316 |
| September | 958.5298 | 945.8774 | 953.6851 |
| October | 957.1194 | 928.2219 | 940.3853 |
| November | 951.0568 | 903.7850 | 922.6576 |
| December | 920.7660 | 887.3738 | 902.7372 |