2016 BGN to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BGN to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BGN to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 339.9683. Conversely, the yearly low was recorded on November 16, dropping to 333.5130.
This high-to-low spread represents a total annual volatility of 6.4553 XOF. From a start-to-finish perspective, comparing the January average rate of 337.2786 to the December average rate of 335.2781, the exchange rate registered a net change of -0.59% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 339.9683 was up 0.66% compared to the 2015 peak of 337.7369, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BGN to XOF 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 337.4009, compared to 336.3627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0382 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was December, with a trading range of 4.9324 XOF (High: 338.8079 / Low: 333.8755). On the other end, June was the most stable month, with a tight range of 2.3058 XOF (High: 338.3243 / Low: 336.0185).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.7961 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 337.7523) against the same month in 2015 (average: 335.4341), the exchange rate shifted by +2.3182 (+0.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 338.7529 | 335.3416 | 337.2786 |
| February | 339.9683 | 335.5130 | 337.7523 |
| March | 338.2279 | 335.6973 | 337.3532 |
| April | 338.9083 | 335.5688 | 337.5618 |
| May | 338.7413 | 335.8828 | 337.3613 |
| June | 338.3243 | 336.0185 | 337.0983 |
| July | 338.0586 | 335.3907 | 336.7901 |
| August | 338.5572 | 335.8949 | 336.9503 |
| September | 337.4577 | 334.9154 | 336.5024 |
| October | 338.3424 | 335.7198 | 336.5809 |
| November | 338.2435 | 333.5130 | 336.0742 |
| December | 338.8079 | 333.8755 | 335.2781 |