2017 GMD to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GMD to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GMD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 39.3652. Conversely, the yearly low was recorded on May 11, dropping to 36.6656.
This high-to-low spread represents a total annual volatility of 2.6996 BIF. From a start-to-finish perspective, comparing the January average rate of 38.5842 to the December average rate of 37.0053, the exchange rate registered a net change of -4.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 39.3652 was down 1.79% compared to the 2016 peak of 40.0842, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
GMD 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 37.8045, compared to 37.4285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3760 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 1.5964 BIF (High: 39.3652 / Low: 37.7689). On the other end, December was the most stable month, with a tight range of 0.4388 BIF (High: 37.2632 / Low: 36.8244).
Growth Streaks & Declines
TrendsBetween July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.6556 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 38.5842) against the same month in 2016 (average: 39.5338), the exchange rate shifted by -0.9496 (-2.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 39.3652 | 37.7689 | 38.5842 |
| February | 38.8800 | 37.8172 | 38.3377 |
| March | 38.4581 | 37.4729 | 37.9193 |
| April | 37.7523 | 37.3095 | 37.5374 |
| May | 37.3850 | 36.6656 | 36.9452 |
| June | 37.6600 | 37.1642 | 37.5034 |
| July | 37.7750 | 36.7604 | 37.4808 |
| August | 38.4250 | 37.4448 | 37.8658 |
| September | 38.1570 | 37.6356 | 37.9143 |
| October | 38.1367 | 36.8333 | 37.2587 |
| November | 37.2408 | 36.7950 | 37.0459 |
| December | 37.2632 | 36.8244 | 37.0053 |