YEARLY HIGH
2655.0273 BIF
YEARLY LOW
2173.6507 BIF
YEARLY AVERAGE
2457.8230 BIF

2020 SHP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SHP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2655.0273. Conversely, the yearly low was recorded on March 19, dropping to 2173.6507.

This high-to-low spread represents a total annual volatility of 481.3766 BIF. From a start-to-finish perspective, comparing the January average rate of 2464.4310 to the December average rate of 2612.3236, the exchange rate registered a net change of 6.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2655.0273 was up 5.03% compared to the 2019 peak of 2527.7804, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SHP based on timing:

Yearly Peak High 13,275,137 BIF
2019 Average 11,761,287 BIF
Yearly Trough Low 10,868,254 BIF
Transaction Impact: A difference of 2,406,882.87 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2639.4996
2313.3880
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2389.1337, compared to 2526.5123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 137.3785 points.

H1 Avg (Jan–Jun) 2389.1337
H2 Avg (Jul–Dec) 2526.5123

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 301.9694 BIF (High: 2475.6202 / Low: 2173.6507). On the other end, January was the most stable month, with a tight range of 49.9218 BIF (High: 2496.9894 / Low: 2447.0676).

March Spread (Volatile) ±301.9694
January Spread (Stable) ±49.9218

Growth Streaks & Declines

Trends

Between May and August, 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 February and March, when the average rate fell by 107.5238 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -107.5238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2612.3236) against the same month in 2019 (average: 2461.5241), the exchange rate shifted by +150.7995 (+6.13%).

2020 Avg (December) 2612.3236
2019 Avg (December) 2461.5241

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2496.9894 2447.0676 2464.4310
February 2496.9894 2423.2633 2448.4502
March 2475.6202 2173.6507 2340.9264
April 2393.5292 2311.1392 2353.5133
May 2381.6311 2300.7248 2340.5639
June 2422.3233 2349.2857 2386.9175
July 2526.0876 2384.3050 2437.5313
August 2577.5449 2514.7367 2533.9053
September 2585.3057 2455.1345 2501.3820
October 2539.9765 2487.9127 2511.0567
November 2594.0729 2500.7629 2562.8746
December 2655.0273 2573.6826 2612.3236