2017 PKR to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PKR to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PKR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 16.8023. Conversely, the yearly low was recorded on December 21, dropping to 15.8641.
This high-to-low spread represents a total annual volatility of 0.9382 BIF. From a start-to-finish perspective, comparing the January average rate of 16.0546 to the December average rate of 16.1870, the exchange rate registered a net change of 0.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 16.8023 was up 4.20% compared to the 2016 peak of 16.1253, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 PKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
PKR 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 16.2202, compared to 16.5014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2813 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was December, with a trading range of 0.8775 BIF (High: 16.7415 / Low: 15.8641). On the other end, June was the most stable month, with a tight range of 0.1646 BIF (High: 16.5536 / Low: 16.3890).
Growth Streaks & Declines
TrendsBetween July and November, 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 November and December, when the average rate fell by 0.4910 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2017: 16.6530) against the same month in 2016 (average: 15.9285), the exchange rate shifted by +0.7245 (+4.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.2516 | 15.9554 | 16.0546 |
| February | 16.3571 | 16.0330 | 16.1543 |
| March | 16.4809 | 16.1080 | 16.1984 |
| April | 16.3246 | 16.1379 | 16.1865 |
| May | 16.4841 | 16.1299 | 16.2573 |
| June | 16.5536 | 16.3890 | 16.4700 |
| July | 16.5107 | 16.0914 | 16.4111 |
| August | 16.6577 | 16.4016 | 16.5288 |
| September | 16.6510 | 16.3662 | 16.5507 |
| October | 16.8023 | 16.5524 | 16.6530 |
| November | 16.7979 | 16.5782 | 16.6780 |
| December | 16.7415 | 15.8641 | 16.1870 |