2021 SHP to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 SHP to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the SHP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 2805.8854. Conversely, the yearly low was recorded on January 10, dropping to 2631.9648.
This high-to-low spread represents a total annual volatility of 173.9206 BIF. From a start-to-finish perspective, comparing the January average rate of 2655.8516 to the December average rate of 2658.6511, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 2805.8854 was up 5.68% compared to the 2020 peak of 2655.0273, 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 2021.
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 2719.9377, compared to 2712.1089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.8288 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was February, with a trading range of 106.8337 BIF (High: 2759.0872 / Low: 2652.2535). On the other end, January was the most stable month, with a tight range of 54.2657 BIF (High: 2686.2305 / Low: 2631.9648).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 46.8670 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 2772.0624) against the same month in 2020 (average: 2340.5639), the exchange rate shifted by +431.4984 (+18.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2686.2305 | 2631.9648 | 2655.8516 |
| February | 2759.0872 | 2652.2535 | 2706.3889 |
| March | 2730.5945 | 2675.0719 | 2709.5009 |
| April | 2731.3304 | 2666.1698 | 2703.2901 |
| May | 2805.8854 | 2707.4323 | 2772.0624 |
| June | 2801.8342 | 2735.4495 | 2772.5320 |
| July | 2768.0847 | 2703.9968 | 2738.0572 |
| August | 2764.1797 | 2698.9341 | 2736.6548 |
| September | 2753.9157 | 2673.4012 | 2732.7404 |
| October | 2755.6849 | 2697.4805 | 2726.7084 |
| November | 2727.5452 | 2649.0390 | 2679.8414 |
| December | 2711.0374 | 2634.9971 | 2658.6511 |