2016 BOB to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BOB to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BOB to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 13.7093. Conversely, the yearly low was recorded on February 11, dropping to 12.1432.
This high-to-low spread represents a total annual volatility of 1.5662 LRD. From a start-to-finish perspective, comparing the January average rate of 12.3877 to the December average rate of 13.2851, the exchange rate registered a net change of 7.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 13.7093 was up 3.39% compared to the 2015 peak of 13.2595, 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 LRD 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 12.6804, compared to 13.2121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5317 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was April, with a trading range of 0.9035 LRD (High: 13.2163 / Low: 12.3128). On the other end, June was the most stable month, with a tight range of 0.0671 LRD (High: 13.1775 / Low: 13.1104).
Growth Streaks & Declines
TrendsBetween February and June, 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 January and February, when the average rate fell by 0.1259 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2016: 13.2695) against the same month in 2015 (average: 12.5874), the exchange rate shifted by +0.6821 (+5.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.9033 | 12.2460 | 12.3877 |
| February | 12.3450 | 12.1432 | 12.2617 |
| March | 12.4141 | 12.3336 | 12.3820 |
| April | 13.2163 | 12.3128 | 12.7910 |
| May | 13.1425 | 13.0752 | 13.1218 |
| June | 13.1775 | 13.1104 | 13.1382 |
| July | 13.1547 | 13.0434 | 13.1007 |
| August | 13.7093 | 13.0127 | 13.2695 |
| September | 13.3099 | 13.1525 | 13.2263 |
| October | 13.3327 | 13.0354 | 13.2286 |
| November | 13.2665 | 13.0683 | 13.1626 |
| December | 13.5456 | 13.0693 | 13.2851 |