2017 NZD to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NZD to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NZD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 1303.6896. Conversely, the yearly low was recorded on January 3, dropping to 1156.9466.
This high-to-low spread represents a total annual volatility of 146.7430 BIF. From a start-to-finish perspective, comparing the January average rate of 1196.5586 to the December average rate of 1225.3620, the exchange rate registered a net change of 2.41% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 1303.6896 was up 4.99% compared to the 2016 peak of 1241.7770, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1203.2208, compared to 1246.1788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 42.9579 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 78.5787 BIF (High: 1235.5253 / Low: 1156.9466). On the other end, April was the most stable month, with a tight range of 25.8818 BIF (High: 1193.5662 / Low: 1167.6844).
Growth Streaks & Declines
TrendsBetween May and July, 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 February and March, when the average rate fell by 34.4142 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 1271.2409) against the same month in 2016 (average: 1183.6025), the exchange rate shifted by +87.6383 (+7.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1235.5253 | 1156.9466 | 1196.5586 |
| February | 1239.2052 | 1212.3450 | 1222.3172 |
| March | 1210.3863 | 1163.2753 | 1187.9030 |
| April | 1193.5662 | 1167.6844 | 1183.6685 |
| May | 1220.3864 | 1158.2684 | 1183.0161 |
| June | 1265.3757 | 1218.8153 | 1245.8616 |
| July | 1303.6896 | 1243.3089 | 1271.2409 |
| August | 1299.5096 | 1246.6553 | 1270.2546 |
| September | 1284.3021 | 1246.9866 | 1265.6586 |
| October | 1265.0884 | 1202.6457 | 1235.5910 |
| November | 1220.0884 | 1192.5510 | 1208.9656 |
| December | 1248.5135 | 1198.5792 | 1225.3620 |