2016 BOB to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BOB to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BOB to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 1372.8922. Conversely, the yearly low was recorded on June 5, dropping to 1056.1677.
This high-to-low spread represents a total annual volatility of 316.7245 GNF. From a start-to-finish perspective, comparing the January average rate of 1119.8439 to the December average rate of 1340.6422, the exchange rate registered a net change of 19.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 1372.8922 was up 19.05% compared to the 2015 peak of 1153.2498, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BOB 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 1108.8380, compared to 1315.5046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 206.6666 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 250.0928 GNF (High: 1306.2605 / Low: 1056.1677). On the other end, March was the most stable month, with a tight range of 7.3128 GNF (High: 1117.6008 / Low: 1110.2880).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 30.0766 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 1340.6422) against the same month in 2015 (average: 1118.6493), the exchange rate shifted by +221.9929 (+19.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1132.2518 | 1110.9412 | 1119.8439 |
| February | 1127.4364 | 1111.0269 | 1116.9578 |
| March | 1117.6008 | 1110.2880 | 1113.7507 |
| April | 1114.0191 | 1088.7971 | 1102.7784 |
| May | 1093.1975 | 1060.0633 | 1072.7018 |
| June | 1306.2605 | 1056.1677 | 1126.9955 |
| July | 1313.4845 | 1276.9052 | 1298.3723 |
| August | 1322.6494 | 1291.8415 | 1307.4724 |
| September | 1320.2164 | 1300.5659 | 1313.6186 |
| October | 1324.9589 | 1303.0709 | 1313.8347 |
| November | 1328.6649 | 1302.9124 | 1319.0871 |
| December | 1372.8922 | 1318.4928 | 1340.6422 |