2017 QAR to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 QAR to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the QAR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 486.0109. Conversely, the yearly low was recorded on November 21, dropping to 447.9458.
This high-to-low spread represents a total annual volatility of 38.0651 BIF. From a start-to-finish perspective, comparing the January average rate of 461.3920 to the December average rate of 479.4389, the exchange rate registered a net change of 3.91% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 486.0109 was up 4.82% compared to the 2016 peak of 463.6844, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
QAR 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 465.8574, compared to 471.1435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.2861 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 34.1440 BIF (High: 482.0898 / Low: 447.9458). On the other end, April was the most stable month, with a tight range of 5.7661 BIF (High: 469.7544 / Low: 463.9883).
Growth Streaks & Declines
TrendsBetween January and August, 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 October and November, when the average rate fell by 7.6239 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2017: 468.9852) against the same month in 2016 (average: 457.7441), the exchange rate shifted by +11.2411 (+2.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 466.8779 | 457.7435 | 461.3920 |
| February | 468.4754 | 461.0473 | 465.0052 |
| March | 472.1308 | 461.1363 | 465.8239 |
| April | 469.7544 | 463.9883 | 466.1423 |
| May | 473.2543 | 464.5897 | 467.7536 |
| June | 474.0135 | 454.9577 | 469.0275 |
| July | 476.7172 | 458.2580 | 470.4232 |
| August | 477.9026 | 470.6049 | 475.1122 |
| September | 478.6614 | 467.0208 | 471.5406 |
| October | 486.0109 | 460.9749 | 468.9852 |
| November | 482.0898 | 447.9458 | 461.3613 |
| December | 485.5976 | 473.0597 | 479.4389 |