YEARLY HIGH
89.1445 XOF
YEARLY LOW
87.6814 XOF
YEARLY AVERAGE
88.4953 XOF

2016 DKK to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 89.1445. Conversely, the yearly low was recorded on December 4, dropping to 87.6814.

This high-to-low spread represents a total annual volatility of 1.4631 XOF. From a start-to-finish perspective, comparing the January average rate of 88.4123 to the December average rate of 88.1783, the exchange rate registered a net change of -0.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 89.1445 was up 0.78% compared to the 2015 peak of 88.4567, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DKK based on timing:

Yearly Peak High 445,722 XOF
2015 Average 440,068 XOF
Yearly Trough Low 438,407 XOF
Transaction Impact: A difference of 7,315.40 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

88.7665
88.1248
JanuMarcMayJulySeptNove

DKK to XOF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 88.5818, compared to 88.4089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1729 points.

H1 Avg (Jan–Jun) 88.5818
H2 Avg (Jul–Dec) 88.4089

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 1.3929 XOF (High: 89.0743 / Low: 87.6814). On the other end, June was the most stable month, with a tight range of 0.6599 XOF (High: 88.9951 / Low: 88.3352).

December Spread (Volatile) ±1.3929
June Spread (Stable) ±0.6599

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1665 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1665

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 88.5170) against the same month in 2015 (average: 88.0598), the exchange rate shifted by +0.4572 (+0.52%).

2016 Avg (February) 88.5170
2015 Avg (February) 88.0598

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 88.8011 87.9105 88.4123
February 89.1445 87.8782 88.5170
March 88.7428 88.0315 88.4852
April 89.0784 88.1738 88.7131
May 89.1052 88.3002 88.7098
June 88.9951 88.3352 88.6535
July 88.9544 88.0854 88.5260
August 89.0149 88.2350 88.5458
September 88.7743 87.9635 88.3793
October 88.9788 88.2657 88.4885
November 88.9791 87.8265 88.3355
December 89.0743 87.6814 88.1783