2019 SHP to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 SHP to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the SHP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 2527.7804. Conversely, the yearly low was recorded on August 11, dropping to 2216.7137.
This high-to-low spread represents a total annual volatility of 311.0667 BIF. From a start-to-finish perspective, comparing the January average rate of 2329.2208 to the December average rate of 2461.5241, the exchange rate registered a net change of 5.68% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 2527.7804 was down 0.32% compared to the 2018 peak of 2535.9738, 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 2019.
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 2361.9449, compared to 2342.7734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.1715 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was October, with a trading range of 163.1937 BIF (High: 2426.9830 / Low: 2263.7893). On the other end, November was the most stable month, with a tight range of 36.8690 BIF (High: 2427.0711 / Low: 2390.2021).
Growth Streaks & Declines
TrendsBetween August and December, 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 July and August, when the average rate fell by 57.2202 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 2461.5241) against the same month in 2018 (average: 2289.9003), the exchange rate shifted by +171.6238 (+7.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2402.8026 | 2250.5890 | 2329.2208 |
| February | 2416.0331 | 2317.8723 | 2359.5330 |
| March | 2437.4501 | 2345.9902 | 2397.1840 |
| April | 2419.1508 | 2359.2977 | 2385.8441 |
| May | 2417.2440 | 2325.2134 | 2362.0313 |
| June | 2370.3534 | 2307.9139 | 2337.8564 |
| July | 2332.7024 | 2241.0100 | 2298.9602 |
| August | 2270.2005 | 2216.7137 | 2241.7400 |
| September | 2327.3700 | 2230.4984 | 2289.4595 |
| October | 2426.9830 | 2263.7893 | 2353.0671 |
| November | 2427.0711 | 2390.2021 | 2411.8894 |
| December | 2527.7804 | 2416.6146 | 2461.5241 |