2020 BND to BIF Historical Review

YEARLY HIGH

1469.8379 BIF

YEARLY LOW

1295.5951 BIF

YEARLY AVERAGE

1388.5595 BIF

2020 BND to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1469.8379. Conversely, the yearly low was recorded on March 23, dropping to 1295.5951.

This high-to-low spread represents a total annual volatility of 174.2428 BIF. From a start-to-finish perspective, comparing the January average rate of 1395.1964 to the December average rate of 1457.8973, the exchange rate registered a net change of 4.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1469.8379 was up 5.22% compared to the 2019 peak of 1396.8708, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,349,189 BIF

2019 Average 6,714,853 BIF

Yearly Trough Low 6,477,975 BIF

Transaction Impact: A difference of 871,213.99 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1470.5570

1318.6402

JanuMarcMayJulySeptNove

BND to BIF 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 1355.6837, compared to 1421.4354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 65.7516 points.

H1 Avg (Jan–Jun) 1355.6837

H2 Avg (Jul–Dec) 1421.4354

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 78.0592 BIF (High: 1373.6543 / Low: 1295.5951). On the other end, October was the most stable month, with a tight range of 10.5875 BIF (High: 1427.5175 / Low: 1416.9300).

March Spread (Volatile) ±78.0592

October Spread (Stable) ±10.5875

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 36.0311 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -36.0311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1457.8973) against the same month in 2019 (average: 1383.9208), the exchange rate shifted by +73.9765 (+5.35%).

2020 Avg (December) 1457.8973

2019 Avg (December) 1383.9208

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1401.1648	1384.3202	1395.1964
February	1384.9330	1346.3619	1359.1653
March	1373.6543	1295.5951	1336.2727
April	1345.5448	1318.1961	1331.2999
May	1351.8607	1328.1954	1343.1894
June	1380.3562	1347.9879	1368.9786
July	1404.6745	1369.8738	1385.8135
August	1419.0684	1400.2286	1408.1664
September	1423.5256	1401.3296	1414.4515
October	1427.5175	1416.9300	1423.2782
November	1452.2488	1418.1803	1439.0054
December	1469.8379	1447.3529	1457.8973