2017 SRD to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SRD to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SRD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 237.6544. Conversely, the yearly low was recorded on March 5, dropping to 222.6065.
This high-to-low spread represents a total annual volatility of 15.0480 BIF. From a start-to-finish perspective, comparing the January average rate of 224.9768 to the December average rate of 235.9144, the exchange rate registered a net change of 4.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 237.6544 was down 39.74% compared to the 2016 peak of 394.3707, 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 2017.
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 225.7823, compared to 234.3853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.6030 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 6.8646 BIF (High: 232.9914 / Low: 226.1268). On the other end, June was the most stable month, with a tight range of 2.1857 BIF (High: 230.0834 / Low: 227.8977).
Growth Streaks & Declines
TrendsBetween February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3117 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2017: 235.5338) against the same month in 2016 (average: 231.1193), the exchange rate shifted by +4.4145 (+1.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 227.3335 | 223.2507 | 224.9768 |
| February | 226.3322 | 222.9727 | 224.6652 |
| March | 227.8430 | 222.6065 | 224.8040 |
| April | 226.5801 | 223.8573 | 224.9154 |
| May | 228.8244 | 224.4577 | 225.9560 |
| June | 230.0834 | 227.8977 | 229.3766 |
| July | 232.9914 | 226.1268 | 230.7367 |
| August | 235.6128 | 232.0853 | 233.6978 |
| September | 236.2245 | 233.2616 | 234.7113 |
| October | 237.6544 | 234.4119 | 235.5338 |
| November | 236.7884 | 234.2917 | 235.7177 |
| December | 237.6477 | 235.2056 | 235.9144 |