2016 SZL to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SZL to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SZL to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 125.3775. Conversely, the yearly low was recorded on January 18, dropping to 91.9141.
This high-to-low spread represents a total annual volatility of 33.4634 BIF. From a start-to-finish perspective, comparing the January average rate of 96.0203 to the December average rate of 120.7319, the exchange rate registered a net change of 25.74% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 125.3775 was down 9.71% compared to the 2015 peak of 138.8610, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SZL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SZL 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 101.8698, compared to 119.0689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.1991 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 16.6796 BIF (High: 115.8582 / Low: 99.1786). On the other end, February was the most stable month, with a tight range of 5.3901 BIF (High: 101.9906 / Low: 96.6005).
Growth Streaks & Declines
TrendsBetween January and April, 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 April and May, when the average rate fell by 4.3883 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 119.6442) against the same month in 2015 (average: 110.0543), the exchange rate shifted by +9.5899 (+8.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 100.8108 | 91.9141 | 96.0203 |
| February | 101.9906 | 96.6005 | 98.7397 |
| March | 105.6252 | 98.0025 | 101.6071 |
| April | 109.6769 | 101.6175 | 106.3585 |
| May | 109.2964 | 98.7960 | 101.9702 |
| June | 115.8582 | 99.1786 | 106.5232 |
| July | 119.0727 | 111.9923 | 115.1464 |
| August | 124.7168 | 115.2497 | 120.9634 |
| September | 122.8111 | 114.0773 | 118.2725 |
| October | 122.5804 | 116.7487 | 119.6549 |
| November | 125.3775 | 115.5382 | 119.6442 |
| December | 124.2192 | 118.0780 | 120.7319 |