2017 MYR to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MYR to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MYR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 433.8800. Conversely, the yearly low was recorded on January 4, dropping to 370.6523.
This high-to-low spread represents a total annual volatility of 63.2277 BIF. From a start-to-finish perspective, comparing the January average rate of 376.7828 to the December average rate of 431.3161, the exchange rate registered a net change of 14.47% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 433.8800 was up 3.29% compared to the 2016 peak of 420.0770, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MYR 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 387.1817, compared to 414.9061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.7244 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 14.7726 BIF (High: 428.7561 / Low: 413.9835). On the other end, June was the most stable month, with a tight range of 4.5368 BIF (High: 405.3546 / Low: 400.8179).
Growth Streaks & Declines
TrendsBetween January and June, 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 June and July, when the average rate fell by 0.9814 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 431.3161) against the same month in 2016 (average: 375.7710), the exchange rate shifted by +55.5451 (+14.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 383.5210 | 370.6523 | 376.7828 |
| February | 384.4514 | 377.7903 | 381.1429 |
| March | 388.4477 | 377.1453 | 382.1404 |
| April | 392.1849 | 381.6335 | 385.4005 |
| May | 402.1187 | 390.0543 | 394.5249 |
| June | 405.3546 | 400.8179 | 403.0989 |
| July | 406.2303 | 393.9381 | 402.1175 |
| August | 409.6336 | 401.9141 | 405.8173 |
| September | 418.7412 | 407.8576 | 414.3115 |
| October | 417.8786 | 412.4687 | 414.7087 |
| November | 428.7561 | 413.9835 | 421.1655 |
| December | 433.8800 | 428.6629 | 431.3161 |