2016 TOP to BIF Historical Review

YEARLY HIGH

767.3949 BIF

YEARLY LOW

669.4938 BIF

YEARLY AVERAGE

718.0199 BIF

2016 TOP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TOP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 767.3949. Conversely, the yearly low was recorded on February 7, dropping to 669.4938.

This high-to-low spread represents a total annual volatility of 97.9012 BIF. From a start-to-finish perspective, comparing the January average rate of 692.3534 to the December average rate of 735.6433, the exchange rate registered a net change of 6.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 767.3949 was down 3.86% compared to the 2015 peak of 798.2036, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TOP based on timing:

Yearly Peak High 3,836,975 BIF

2015 Average 3,702,562 BIF

Yearly Trough Low 3,347,469 BIF

Transaction Impact: A difference of 489,505.78 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

756.6135

678.9017

JanuMarcMayJulySeptNove

TOP to BIF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 695.9619, compared to 740.0779 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 44.1160 points.

H1 Avg (Jan–Jun) 695.9619

H2 Avg (Jul–Dec) 740.0779

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 82.5291 BIF (High: 761.9551 / Low: 679.4260). On the other end, September was the most stable month, with a tight range of 7.8450 BIF (High: 744.5054 / Low: 736.6604).

June Spread (Volatile) ±82.5291

September Spread (Stable) ±7.8450

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 11.2560 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -11.2560

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 746.8993) against the same month in 2015 (average: 700.1469), the exchange rate shifted by +46.7523 (+6.68%).

2016 Avg (November) 746.8993

2015 Avg (November) 700.1469

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	702.0646	676.8456	692.3534
February	693.9658	669.4938	685.3777
March	699.9150	685.0915	692.8785
April	706.7779	688.8515	697.1610
May	705.4922	684.5546	692.5061
June	761.9551	679.4260	715.4945
July	739.3929	722.7619	731.8911
August	742.0789	729.6727	735.8934
September	744.5054	736.6604	740.0025
October	758.2145	737.7058	750.1376
November	767.3949	730.3493	746.8993
December	750.9064	717.6919	735.6433