2016 HNL to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 HNL to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the HNL to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 25, valuing the pair at 74.4162. Conversely, the yearly low was recorded on April 3, dropping to 68.3419.
This high-to-low spread represents a total annual volatility of 6.0743 BIF. From a start-to-finish perspective, comparing the January average rate of 69.6193 to the December average rate of 71.8304, the exchange rate registered a net change of 3.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 74.4162 was down 0.97% compared to the 2015 peak of 75.1428, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
HNL 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 69.3991, compared to 72.6145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2154 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 5.9464 BIF (High: 74.4162 / Low: 68.4697). On the other end, March was the most stable month, with a tight range of 0.8012 BIF (High: 69.4126 / Low: 68.6114).
Growth Streaks & Declines
TrendsBetween April and July, 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 November and December, when the average rate fell by 0.7620 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 70.7346) against the same month in 2015 (average: 71.7193), the exchange rate shifted by -0.9847 (-1.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 70.1453 | 68.9279 | 69.6193 |
| February | 69.6228 | 68.6018 | 69.1110 |
| March | 69.4126 | 68.6114 | 69.0584 |
| April | 69.3587 | 68.3419 | 68.8409 |
| May | 69.4835 | 68.5618 | 69.0305 |
| June | 74.4162 | 68.4697 | 70.7346 |
| July | 73.2550 | 72.3408 | 72.7781 |
| August | 73.1777 | 72.3296 | 72.7177 |
| September | 73.3170 | 72.3811 | 72.8440 |
| October | 73.3408 | 72.4103 | 72.9243 |
| November | 73.3871 | 72.0150 | 72.5925 |
| December | 72.5336 | 71.2288 | 71.8304 |