2016 SRD to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SRD to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SRD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 394.3707. Conversely, the yearly low was recorded on September 21, dropping to 214.0084.
This high-to-low spread represents a total annual volatility of 180.3623 BIF. From a start-to-finish perspective, comparing the January average rate of 391.1344 to the December average rate of 227.5194, the exchange rate registered a net change of -41.83% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 394.3707 was down 21.02% compared to the 2015 peak of 499.2993, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SRD 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 327.7652, compared to 229.7864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 97.9788 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 38.6908 BIF (High: 279.7238 / Low: 241.0330). On the other end, July was the most stable month, with a tight range of 2.3371 BIF (High: 235.9705 / Low: 233.6334).
Growth Streaks & Declines
TrendsBetween September and November, 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 March and April, when the average rate fell by 98.7480 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 391.1344) against the same month in 2015 (average: 475.2024), the exchange rate shifted by -84.0680 (-17.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 394.3707 | 387.6644 | 391.1344 |
| February | 393.3143 | 387.8466 | 390.7688 |
| March | 393.6633 | 388.1897 | 391.2339 |
| April | 307.7312 | 270.3475 | 292.4859 |
| May | 279.7238 | 241.0330 | 268.4010 |
| June | 241.4763 | 224.5331 | 232.5670 |
| July | 235.9705 | 233.6334 | 234.7501 |
| August | 235.6055 | 226.0261 | 231.3113 |
| September | 230.7929 | 214.0084 | 222.0697 |
| October | 244.0932 | 217.6665 | 231.1193 |
| November | 240.2563 | 228.8625 | 231.9482 |
| December | 230.1659 | 225.0104 | 227.5194 |