2017 SEK to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SEK to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SEK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 220.5009. Conversely, the yearly low was recorded on January 3, dropping to 182.6240.
This high-to-low spread represents a total annual volatility of 37.8769 BIF. From a start-to-finish perspective, comparing the January average rate of 187.8036 to the December average rate of 209.8759, the exchange rate registered a net change of 11.75% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 220.5009 was up 7.66% compared to the 2016 peak of 204.8158, 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 2017.
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 191.7004, compared to 212.4511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.7507 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 11.2045 BIF (High: 213.4521 / Low: 202.2476). On the other end, November was the most stable month, with a tight range of 5.5523 BIF (High: 212.7546 / Low: 207.2023).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 4.9230 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 218.1640) against the same month in 2016 (average: 194.9670), the exchange rate shifted by +23.1970 (+11.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 192.2074 | 182.6240 | 187.8036 |
| February | 194.4124 | 187.0677 | 190.0043 |
| March | 195.3799 | 186.4530 | 190.2808 |
| April | 193.4057 | 187.2060 | 189.3534 |
| May | 197.9389 | 189.9713 | 194.0865 |
| June | 204.6600 | 196.7714 | 198.6736 |
| July | 213.4521 | 202.2476 | 207.5900 |
| August | 219.4037 | 212.3050 | 215.1329 |
| September | 220.5009 | 212.9992 | 218.1640 |
| October | 217.7502 | 209.2949 | 214.4332 |
| November | 212.7546 | 207.2023 | 209.5103 |
| December | 214.8244 | 206.6241 | 209.8759 |