2017 SYP to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SYP to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SYP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 8.1617. Conversely, the yearly low was recorded on August 10, dropping to 3.3503.
This high-to-low spread represents a total annual volatility of 4.8114 BIF. From a start-to-finish perspective, comparing the January average rate of 7.8496 to the December average rate of 3.4150, the exchange rate registered a net change of -56.49% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 8.1617 was up 3.32% compared to the 2016 peak of 7.8991, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SYP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
SYP 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 7.9287, compared to 4.4023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.5264 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 4.8114 BIF (High: 8.1617 / Low: 3.3503). On the other end, December was the most stable month, with a tight range of 0.0362 BIF (High: 3.4390 / Low: 3.4028).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.2953 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 4.7497) against the same month in 2016 (average: 7.7331), the exchange rate shifted by -2.9833 (-38.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.9311 | 7.7891 | 7.8496 |
| February | 7.9592 | 7.8315 | 7.8992 |
| March | 8.0206 | 7.8322 | 7.9137 |
| April | 7.9781 | 7.8819 | 7.9195 |
| May | 8.0405 | 7.8933 | 7.9453 |
| June | 8.0601 | 8.0034 | 8.0448 |
| July | 8.0942 | 7.8898 | 8.0450 |
| August | 8.1617 | 3.3503 | 4.7497 |
| September | 3.4117 | 3.3693 | 3.3897 |
| October | 3.4371 | 3.3902 | 3.4052 |
| November | 3.4245 | 3.3877 | 3.4090 |
| December | 3.4390 | 3.4028 | 3.4150 |