2017 HRK to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 HRK to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the HRK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 283.9787. Conversely, the yearly low was recorded on January 3, dropping to 230.2249.
This high-to-low spread represents a total annual volatility of 53.7538 BIF. From a start-to-finish perspective, comparing the January average rate of 237.1997 to the December average rate of 276.5322, the exchange rate registered a net change of 16.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 283.9787 was up 12.35% compared to the 2016 peak of 252.7583, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HRK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
HRK 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 247.1102, compared to 274.8200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.7098 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 13.2727 BIF (High: 274.9943 / Low: 261.7217). On the other end, October was the most stable month, with a tight range of 5.5971 BIF (High: 276.6632 / Low: 271.0661).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 4.3162 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 276.5322) against the same month in 2016 (average: 234.2842), the exchange rate shifted by +42.2481 (+18.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 243.2849 | 230.2249 | 237.1997 |
| February | 245.9827 | 239.4349 | 242.1042 |
| March | 250.9819 | 239.8267 | 244.4247 |
| April | 248.5525 | 241.5351 | 244.0475 |
| May | 260.8497 | 247.5797 | 253.5616 |
| June | 266.0152 | 259.3862 | 261.3234 |
| July | 274.9943 | 261.7217 | 268.5047 |
| August | 281.0694 | 274.7237 | 277.4489 |
| September | 283.1339 | 273.5816 | 278.8034 |
| October | 276.6632 | 271.0661 | 274.4872 |
| November | 277.9093 | 269.6760 | 273.1435 |
| December | 283.9787 | 273.1111 | 276.5322 |