YEARLY HIGH
1241.7770 BIF
YEARLY LOW
996.3870 BIF
YEARLY AVERAGE
1128.1118 BIF

2016 NZD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NZD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 1241.7770. Conversely, the yearly low was recorded on January 19, dropping to 996.3870.

This high-to-low spread represents a total annual volatility of 245.3900 BIF. From a start-to-finish perspective, comparing the January average rate of 1022.1882 to the December average rate of 1177.1131, the exchange rate registered a net change of 15.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1241.7770 was up 0.96% compared to the 2015 peak of 1230.0072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NZD based on timing:

Yearly Peak High 6,208,885 BIF
2015 Average 5,483,413 BIF
Yearly Trough Low 4,981,935 BIF
Transaction Impact: A difference of 1,226,950.04 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1235.0306
1002.8389
JanuMarcMayJulySeptNove

NZD to BIF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1062.0133, compared to 1194.2102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 132.1969 points.

H1 Avg (Jan–Jun) 1062.0133
H2 Avg (Jul–Dec) 1194.2102

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 151.6016 BIF (High: 1209.4201 / Low: 1057.8185). On the other end, February was the most stable month, with a tight range of 27.9511 BIF (High: 1050.0660 / Low: 1022.1149).

June Spread (Volatile) ±151.6016
February Spread (Stable) ±27.9511

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 22.1014 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -22.1014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 1215.6813) against the same month in 2015 (average: 986.1716), the exchange rate shifted by +229.5096 (+23.27%).

2016 Avg (September) 1215.6813
2015 Avg (September) 986.1716

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1068.1722 996.3870 1022.1882
February 1050.0660 1022.1149 1035.1875
March 1082.1565 1024.2145 1053.3781
April 1092.0108 1049.5615 1070.4162
May 1088.5668 1043.2373 1059.5665
June 1209.4201 1057.8185 1131.3434
July 1216.5345 1151.1542 1183.6025
August 1216.0630 1184.9907 1200.8798
September 1241.7770 1201.8731 1215.6813
October 1216.4469 1174.3663 1193.5799
November 1231.2654 1170.2705 1194.4047
December 1211.9206 1149.8376 1177.1131