2017 NIO to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NIO to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NIO to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 58.5341. Conversely, the yearly low was recorded on July 16, dropping to 56.2814.
This high-to-low spread represents a total annual volatility of 2.2526 BIF. From a start-to-finish perspective, comparing the January average rate of 57.1383 to the December average rate of 57.0500, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 58.5341 was down 1.09% compared to the 2016 peak of 59.1764, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
NIO 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 57.4019, compared to 57.4857 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0839 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 1.7693 BIF (High: 58.4045 / Low: 56.6351). On the other end, November was the most stable month, with a tight range of 0.4950 BIF (High: 57.3952 / Low: 56.9002).
Growth Streaks & Declines
TrendsBetween January and March, 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 August and September, when the average rate fell by 0.5323 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 58.1181) against the same month in 2016 (average: 57.6604), the exchange rate shifted by +0.4577 (+0.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 57.9932 | 56.6501 | 57.1383 |
| February | 58.0206 | 57.1034 | 57.3734 |
| March | 58.4045 | 56.6351 | 57.3740 |
| April | 57.7118 | 56.9909 | 57.3061 |
| May | 58.0191 | 56.8778 | 57.2905 |
| June | 58.4149 | 57.3938 | 57.9290 |
| July | 57.9028 | 56.2814 | 57.5609 |
| August | 58.5341 | 57.7580 | 58.1181 |
| September | 58.4384 | 56.9769 | 57.5859 |
| October | 58.0521 | 56.9060 | 57.4884 |
| November | 57.3952 | 56.9002 | 57.1111 |
| December | 57.5818 | 56.8048 | 57.0500 |