We study the fiber Lyapunov exponents of step skew-product maps over a complete shift of N , N ≥ 2, symbols and with C1 diffeomorphisms of the circle as fiber maps. The systems we study are transitive and genuinely nonhyperbolic, exhibiting simultaneously ergodic measures with positive, negative, and zero exponents. We derive a multifractal analysis for the topological entropy of the level sets...