2020 NIO to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NIO to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NIO to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 21, valuing the pair at 56.6210. Conversely, the yearly low was recorded on April 26, dropping to 54.7610.
This high-to-low spread represents a total annual volatility of 1.8599 BIF. From a start-to-finish perspective, comparing the January average rate of 55.5213 to the December average rate of 55.7222, the exchange rate registered a net change of 0.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 56.6210 was up 0.60% compared to the 2019 peak of 56.2857, 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 2020.
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 55.6936, compared to 55.6099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0838 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was May, with a trading range of 1.7083 BIF (High: 56.6210 / Low: 54.9126). On the other end, December was the most stable month, with a tight range of 0.2871 BIF (High: 55.9195 / Low: 55.6324).
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 June and July, when the average rate fell by 0.1831 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2020: 55.9804) against the same month in 2019 (average: 55.6344), the exchange rate shifted by +0.3459 (+0.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 55.9532 | 55.2300 | 55.5213 |
| February | 55.9311 | 55.1329 | 55.5418 |
| March | 55.9708 | 55.2847 | 55.6936 |
| April | 56.0592 | 54.7610 | 55.6056 |
| May | 56.6210 | 54.9126 | 55.9804 |
| June | 56.4040 | 55.0733 | 55.8192 |
| July | 56.4093 | 55.3784 | 55.6361 |
| August | 55.9862 | 55.3350 | 55.4745 |
| September | 55.7467 | 55.2939 | 55.5629 |
| October | 55.8756 | 55.5046 | 55.6683 |
| November | 55.8177 | 54.9264 | 55.5950 |
| December | 55.9195 | 55.6324 | 55.7222 |