2017 ERN to BIF Historical Review

YEARLY HIGH

1771.0000 BIF

YEARLY LOW

1666.7399 BIF

YEARLY AVERAGE

1722.5990 BIF

2017 ERN to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ERN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 1771.0000. Conversely, the yearly low was recorded on January 9, dropping to 1666.7399.

This high-to-low spread represents a total annual volatility of 104.2601 BIF. From a start-to-finish perspective, comparing the January average rate of 1679.9787 to the December average rate of 1758.6880, the exchange rate registered a net change of 4.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1771.0000 was up 4.87% compared to the 2016 peak of 1688.7275, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,855,000 BIF

2016 Average 8,084,359 BIF

Yearly Trough Low 8,333,699 BIF

Transaction Impact: A difference of 521,300.61 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1766.5589

1672.1077

JanuMarcMayJulySeptNove

ERN 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 1699.0051, compared to 1746.1928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 47.1876 points.

H1 Avg (Jan–Jun) 1699.0051

H2 Avg (Jul–Dec) 1746.1928

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 46.6739 BIF (High: 1737.6500 / Low: 1690.9761). On the other end, June was the most stable month, with a tight range of 12.1503 BIF (High: 1727.6503 / Low: 1715.5000).

July Spread (Volatile) ±46.6739

June Spread (Stable) ±12.1503

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1758.6880) against the same month in 2016 (average: 1675.5565), the exchange rate shifted by +83.1315 (+4.96%).

2017 Avg (December) 1758.6880

2016 Avg (December) 1675.5565

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1700.0000	1666.7399	1679.9787
February	1706.0000	1678.6500	1693.1602
March	1719.0753	1679.2319	1696.1893
April	1710.0000	1689.4511	1697.2322
May	1723.4503	1691.8500	1703.1335
June	1727.6503	1715.5000	1724.3370
July	1737.6500	1690.9761	1725.0178
August	1752.4881	1726.2503	1738.3948
September	1757.0381	1735.0000	1745.7825
October	1770.0501	1745.9000	1753.6481
November	1763.6000	1745.0048	1755.6255
December	1771.0000	1752.3631	1758.6880