2016 BND to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BND to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BND to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 443.6693. Conversely, the yearly low was recorded on February 14, dropping to 419.1093.
This high-to-low spread represents a total annual volatility of 24.5600 XOF. From a start-to-finish perspective, comparing the January average rate of 424.1644 to the December average rate of 433.2768, the exchange rate registered a net change of 2.15% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 443.6693 was down 2.32% compared to the 2015 peak of 454.2250, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BND 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 428.4351, compared to 434.3395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.9044 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 16.4628 XOF (High: 440.1391 / Low: 423.6763). On the other end, July was the most stable month, with a tight range of 5.5274 XOF (High: 443.6693 / Low: 438.1419).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 4.8167 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2016: 440.7934) against the same month in 2015 (average: 438.1017), the exchange rate shifted by +2.6917 (+0.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 429.3503 | 419.3574 | 424.1644 |
| February | 428.9650 | 419.1093 | 423.6580 |
| March | 436.7829 | 429.2325 | 432.0484 |
| April | 435.0932 | 428.8661 | 431.3577 |
| May | 430.7231 | 422.3779 | 426.5410 |
| June | 440.1391 | 423.6763 | 432.8409 |
| July | 443.6693 | 438.1419 | 440.7934 |
| August | 443.2128 | 430.4992 | 436.4884 |
| September | 435.3174 | 428.8070 | 432.0887 |
| October | 434.3696 | 428.4794 | 431.5485 |
| November | 434.9320 | 428.3170 | 431.8413 |
| December | 436.7261 | 431.1702 | 433.2768 |