YEARLY HIGH
0.0443 AFN
YEARLY LOW
0.0407 AFN
YEARLY AVERAGE
0.0423 AFN

2019 BIF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BIF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 0.0443. Conversely, the yearly low was recorded on February 19, dropping to 0.0407.

This high-to-low spread represents a total annual volatility of 0.0036 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0418 to the December average rate of 0.0418, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0443 was up 3.36% compared to the 2018 peak of 0.0428, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 221 AFN
2018 Average 204 AFN
Yearly Trough Low 203 AFN
Transaction Impact: A difference of 17.94 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0438
0.0411
JanuMarcMayJulySeptNove

BIF to AFN 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 0.0422, compared to 0.0424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0422
H2 Avg (Jul–Dec) 0.0424

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.0017 AFN (High: 0.0440 / Low: 0.0422). On the other end, November was the most stable month, with a tight range of 0.0004 AFN (High: 0.0421 / Low: 0.0417).

May Spread (Volatile) ±0.0017
November Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0010 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 0.0436) against the same month in 2018 (average: 0.0411), the exchange rate shifted by +0.0024 (+5.93%).

2019 Avg (July) 0.0436
2018 Avg (July) 0.0411

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0423 0.0414 0.0418
February 0.0420 0.0407 0.0413
March 0.0421 0.0407 0.0414
April 0.0425 0.0415 0.0422
May 0.0440 0.0422 0.0430
June 0.0443 0.0426 0.0435
July 0.0443 0.0431 0.0436
August 0.0435 0.0420 0.0426
September 0.0425 0.0420 0.0422
October 0.0424 0.0418 0.0421
November 0.0421 0.0417 0.0418
December 0.0420 0.0414 0.0418