2021 GNF to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GNF to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GNF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.2152. Conversely, the yearly low was recorded on February 15, dropping to 0.1888.
This high-to-low spread represents a total annual volatility of 0.0263 BIF. From a start-to-finish perspective, comparing the January average rate of 0.1908 to the December average rate of 0.2122, the exchange rate registered a net change of 11.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 0.2152 was up 6.33% compared to the 2020 peak of 0.2024, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GNF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
GNF 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 0.1956, compared to 0.2058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0102 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was February, with a trading range of 0.0059 BIF (High: 0.1947 / Low: 0.1888). On the other end, June was the most stable month, with a tight range of 0.0011 BIF (High: 0.2022 / Low: 0.2012).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 0.2122) against the same month in 2020 (average: 0.1953), the exchange rate shifted by +0.0169 (+8.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.1942 | 0.1889 | 0.1908 |
| February | 0.1947 | 0.1888 | 0.1918 |
| March | 0.1961 | 0.1928 | 0.1942 |
| April | 0.1982 | 0.1945 | 0.1960 |
| May | 0.2013 | 0.1971 | 0.1996 |
| June | 0.2022 | 0.2012 | 0.2015 |
| July | 0.2029 | 0.2015 | 0.2021 |
| August | 0.2034 | 0.2023 | 0.2029 |
| September | 0.2042 | 0.2027 | 0.2034 |
| October | 0.2074 | 0.2037 | 0.2052 |
| November | 0.2126 | 0.2069 | 0.2092 |
| December | 0.2152 | 0.2096 | 0.2122 |