2016 AFN to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 AFN to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the AFN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 143.7871. Conversely, the yearly low was recorded on June 15, dropping to 105.1804.
This high-to-low spread represents a total annual volatility of 38.6067 GNF. From a start-to-finish perspective, comparing the January average rate of 112.7830 to the December average rate of 139.6559, the exchange rate registered a net change of 23.83% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 143.7871 was up 13.25% compared to the 2015 peak of 126.9654, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
AFN to GNF 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 111.1238, compared to 136.0235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 24.8997 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 25.3685 GNF (High: 130.5489 / Low: 105.1804). On the other end, April was the most stable month, with a tight range of 1.1484 GNF (High: 111.2133 / Low: 110.0649).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 2.9992 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 139.6559) against the same month in 2015 (average: 114.3788), the exchange rate shifted by +25.2771 (+22.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 114.1012 | 111.9916 | 112.7830 |
| February | 113.1855 | 110.4273 | 111.8114 |
| March | 112.0538 | 110.3355 | 111.2037 |
| April | 111.2133 | 110.0649 | 110.7959 |
| May | 110.4882 | 106.4626 | 107.7966 |
| June | 130.5489 | 105.1804 | 112.3523 |
| July | 131.5890 | 128.3486 | 130.2969 |
| August | 138.3489 | 129.7646 | 134.4373 |
| September | 138.5644 | 133.0143 | 136.2834 |
| October | 138.5720 | 136.7241 | 137.9238 |
| November | 139.3273 | 135.0102 | 137.5436 |
| December | 143.7871 | 137.1551 | 139.6559 |