2020 BIF to CDF Historical Review

YEARLY HIGH

1.0322 CDF

YEARLY LOW

0.7657 CDF

YEARLY AVERAGE

0.9660 CDF

2020 BIF to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BIF to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 7, valuing the pair at 1.0322. Conversely, the yearly low was recorded on December 6, dropping to 0.7657.

This high-to-low spread represents a total annual volatility of 0.2665 CDF. From a start-to-finish perspective, comparing the January average rate of 0.8949 to the December average rate of 1.0063, the exchange rate registered a net change of 12.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0322 was up 12.47% compared to the 2019 peak of 0.9177, 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 5,161 CDF

2019 Average 4,487 CDF

Yearly Trough Low 3,828 CDF

Transaction Impact: A difference of 1,332.54 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0304

0.8826

JanuMarcMayJulySeptNove

BIF to CDF 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 0.9196, compared to 1.0123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0927 points.

H1 Avg (Jan–Jun) 0.9196

H2 Avg (Jul–Dec) 1.0123

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.2510 CDF (High: 1.0166 / Low: 0.7657). On the other end, November was the most stable month, with a tight range of 0.0023 CDF (High: 1.0151 / Low: 1.0129).

December Spread (Volatile) ±0.2510

November Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0084 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 1.0181) against the same month in 2019 (average: 0.8984), the exchange rate shifted by +0.1196 (+13.32%).

2020 Avg (August) 1.0181

2019 Avg (August) 0.8984

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8977	0.8911	0.8949
February	0.8982	0.8912	0.8954
March	0.9085	0.8965	0.9012
April	0.9137	0.8986	0.9062
May	0.9651	0.9072	0.9385
June	1.0035	0.9545	0.9817
July	1.0215	1.0005	1.0112
August	1.0322	1.0110	1.0181
September	1.0202	1.0124	1.0162
October	1.0174	0.9371	1.0079
November	1.0151	1.0129	1.0140
December	1.0166	0.7657	1.0063