YEARLY HIGH
0.6500 GMD
YEARLY LOW
0.5671 GMD
YEARLY AVERAGE
0.6197 GMD

2016 AFN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.6500. Conversely, the yearly low was recorded on February 21, dropping to 0.5671.

This high-to-low spread represents a total annual volatility of 0.0829 GMD. From a start-to-finish perspective, comparing the January average rate of 0.5759 to the December average rate of 0.6443, the exchange rate registered a net change of 11.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6500 was down 14.98% compared to the 2015 peak of 0.7646, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,250 GMD
2015 Average 3,382 GMD
Yearly Trough Low 2,836 GMD
Transaction Impact: A difference of 414.63 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6553
0.5657
JanuMarcMayJulySeptNove

AFN to GMD 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 0.6010, compared to 0.6384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0374 points.

H1 Avg (Jan–Jun) 0.6010
H2 Avg (Jul–Dec) 0.6384

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0533 GMD (High: 0.6245 / Low: 0.5712). On the other end, October was the most stable month, with a tight range of 0.0045 GMD (High: 0.6500 / Low: 0.6455).

March Spread (Volatile) ±0.0533
October Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between June and October, 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 May and June, when the average rate fell by 0.0053 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.6478) against the same month in 2015 (average: 0.6078), the exchange rate shifted by +0.0400 (+6.58%).

2016 Avg (October) 0.6478
2015 Avg (October) 0.6078

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5782 0.5715 0.5759
February 0.5797 0.5671 0.5732
March 0.6245 0.5712 0.5931
April 0.6264 0.6198 0.6233
May 0.6256 0.6187 0.6229
June 0.6249 0.6124 0.6176
July 0.6242 0.6188 0.6214
August 0.6491 0.6214 0.6340
September 0.6477 0.6290 0.6391
October 0.6500 0.6455 0.6478
November 0.6498 0.6361 0.6438
December 0.6496 0.6378 0.6443