2016 CAD to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 CAD to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the CAD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 22, valuing the pair at 1308.9649. Conversely, the yearly low was recorded on January 18, dropping to 1063.6214.
This high-to-low spread represents a total annual volatility of 245.3435 BIF. From a start-to-finish perspective, comparing the January average rate of 1100.9912 to the December average rate of 1254.9926, the exchange rate registered a net change of 13.99% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 1308.9649 was down 2.27% compared to the 2015 peak of 1339.3203, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
CAD 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 1179.0903, compared to 1263.0339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 83.9435 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 122.6870 BIF (High: 1308.9649 / Low: 1186.2779). On the other end, November was the most stable month, with a tight range of 20.9951 BIF (High: 1255.0581 / Low: 1234.0630).
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 15.4232 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 1245.1378) against the same month in 2015 (average: 1267.2673), the exchange rate shifted by -22.1295 (-1.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1126.6618 | 1063.6214 | 1100.9912 |
| February | 1161.1368 | 1112.6662 | 1131.3742 |
| March | 1203.8288 | 1162.5027 | 1181.1041 |
| April | 1245.6799 | 1177.7922 | 1211.1279 |
| May | 1235.8699 | 1183.9972 | 1204.8066 |
| June | 1308.9649 | 1186.2779 | 1245.1378 |
| July | 1287.0204 | 1256.7113 | 1272.2399 |
| August | 1300.8328 | 1260.3771 | 1278.7039 |
| September | 1293.1758 | 1257.3557 | 1271.3069 |
| October | 1273.0788 | 1239.8981 | 1258.1915 |
| November | 1255.0581 | 1234.0630 | 1242.7683 |
| December | 1281.1044 | 1230.4643 | 1254.9926 |