2016 DKK to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
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.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 August and September, when the average rate fell by 0.1665 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |