2016 SEK to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SEK to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SEK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 204.8158. Conversely, the yearly low was recorded on December 19, dropping to 178.4585.
This high-to-low spread represents a total annual volatility of 26.3573 BIF. From a start-to-finish perspective, comparing the January average rate of 182.8665 to the December average rate of 181.8721, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 204.8158 was up 2.84% compared to the 2015 peak of 199.1500, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SEK 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 188.0602, compared to 189.8660 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8058 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 18.0361 BIF (High: 204.8158 / Low: 186.7796). On the other end, February was the most stable month, with a tight range of 3.6640 BIF (High: 185.5280 / Low: 181.8641).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 6.2183 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 193.4356) against the same month in 2015 (average: 189.5004), the exchange rate shifted by +3.9352 (+2.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 185.0927 | 180.4592 | 182.8665 |
| February | 185.5280 | 181.8641 | 184.1270 |
| March | 192.3044 | 182.4434 | 187.1285 |
| April | 193.9857 | 189.7046 | 191.2169 |
| May | 194.1849 | 186.5645 | 189.5867 |
| June | 204.8158 | 186.7796 | 193.4356 |
| July | 196.7911 | 191.5272 | 193.6051 |
| August | 199.0464 | 192.3974 | 196.1953 |
| September | 197.0898 | 193.1720 | 194.9670 |
| October | 194.5952 | 184.1090 | 189.3875 |
| November | 187.0952 | 180.3547 | 183.1692 |
| December | 184.8296 | 178.4585 | 181.8721 |