2017 SHP to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SHP to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SHP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2376.2060. Conversely, the yearly low was recorded on January 16, dropping to 2012.2771.
This high-to-low spread represents a total annual volatility of 363.9288 BIF. From a start-to-finish perspective, comparing the January average rate of 2074.5009 to the December average rate of 2357.5813, the exchange rate registered a net change of 13.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 2376.2060 was down 4.86% compared to the 2016 peak of 2497.5016, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
SHP 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 2138.9273, compared to 2302.5288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 163.6015 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was September, with a trading range of 121.9874 BIF (High: 2372.8503 / Low: 2250.8629). On the other end, December was the most stable month, with a tight range of 34.7997 BIF (High: 2376.2060 / Low: 2341.4063).
Growth Streaks & Declines
TrendsBetween March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 19.2547 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 2357.5813) against the same month in 2016 (average: 2090.4631), the exchange rate shifted by +267.1183 (+12.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2133.1513 | 2012.2771 | 2074.5009 |
| February | 2144.9287 | 2095.5935 | 2112.7264 |
| March | 2145.7382 | 2044.2456 | 2093.4717 |
| April | 2202.7835 | 2102.1666 | 2145.4784 |
| May | 2243.3244 | 2177.4469 | 2200.6012 |
| June | 2247.3088 | 2182.2914 | 2206.7850 |
| July | 2276.2136 | 2213.6874 | 2244.1831 |
| August | 2294.6349 | 2224.5721 | 2252.3426 |
| September | 2372.8503 | 2250.8629 | 2324.9394 |
| October | 2348.0016 | 2284.2975 | 2314.8020 |
| November | 2362.4551 | 2288.2599 | 2321.3244 |
| December | 2376.2060 | 2341.4063 | 2357.5813 |