2017 TOP to BIF Historical Review

YEARLY HIGH

799.7770 BIF

YEARLY LOW

718.9174 BIF

YEARLY AVERAGE

760.6977 BIF

2017 TOP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TOP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 799.7770. Conversely, the yearly low was recorded on January 4, dropping to 718.9174.

This high-to-low spread represents a total annual volatility of 80.8596 BIF. From a start-to-finish perspective, comparing the January average rate of 729.9673 to the December average rate of 768.7006, the exchange rate registered a net change of 5.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 799.7770 was up 4.22% compared to the 2016 peak of 767.3949, 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 3,998,885 BIF

2016 Average 3,590,616 BIF

Yearly Trough Low 3,594,587 BIF

Transaction Impact: A difference of 404,298.24 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

794.9640

724.0585

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 742.2583, compared to 779.1372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.8790 points.

H1 Avg (Jan–Jun) 742.2583

H2 Avg (Jul–Dec) 779.1372

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 39.1166 BIF (High: 786.8398 / Low: 747.7233). On the other end, April was the most stable month, with a tight range of 11.3185 BIF (High: 745.2162 / Low: 733.8978).

July Spread (Volatile) ±39.1166

April Spread (Stable) ±11.3185

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 10.3618 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -10.3618

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 789.0552) against the same month in 2016 (average: 740.0025), the exchange rate shifted by +49.0528 (+6.63%).

2017 Avg (September) 789.0552

2016 Avg (September) 740.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	743.5741	718.9174	729.9673
February	757.1471	732.5807	749.3853
March	760.3416	733.0195	741.8604
April	745.2162	733.8978	739.0212
May	749.3672	726.9452	735.3438
June	768.5727	747.7738	757.9715
July	786.8398	747.7233	771.3999
August	798.8914	772.1796	788.8639
September	799.7770	776.5591	789.0552
October	789.6636	772.6931	783.5828
November	780.6671	761.9276	773.2209
December	776.6274	761.1425	768.7006