2017 PEN to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PEN to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PEN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 546.9716. Conversely, the yearly low was recorded on January 11, dropping to 490.7173.
This high-to-low spread represents a total annual volatility of 56.2543 BIF. From a start-to-finish perspective, comparing the January average rate of 503.3126 to the December average rate of 542.0274, the exchange rate registered a net change of 7.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 546.9716 was up 7.07% compared to the 2016 peak of 510.8420, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
PEN 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 518.9268, compared to 537.9397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.0129 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 28.1794 BIF (High: 543.9377 / Low: 515.7583). On the other end, April was the most stable month, with a tight range of 7.3015 BIF (High: 526.6298 / Low: 519.3283).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.7284 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 542.0274) against the same month in 2016 (average: 493.2814), the exchange rate shifted by +48.7460 (+9.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 517.8191 | 490.7173 | 503.3126 |
| February | 525.8129 | 515.4305 | 519.6261 |
| March | 529.6921 | 512.8727 | 519.8498 |
| April | 526.6298 | 519.3283 | 522.2085 |
| May | 526.7024 | 515.6902 | 520.4801 |
| June | 532.2380 | 524.4974 | 528.0836 |
| July | 535.7761 | 522.1278 | 531.2417 |
| August | 539.9808 | 531.9104 | 536.3464 |
| September | 543.0827 | 531.0538 | 537.8274 |
| October | 546.7390 | 533.9350 | 539.2843 |
| November | 543.9377 | 515.7583 | 540.9113 |
| December | 546.9716 | 536.1826 | 542.0274 |