YEARLY HIGH
0.0807 XOF
YEARLY LOW
0.0640 XOF
YEARLY AVERAGE
0.0718 XOF

2016 GNF to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GNF to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 0.0807. Conversely, the yearly low was recorded on September 11, dropping to 0.0640.

This high-to-low spread represents a total annual volatility of 0.0167 XOF. From a start-to-finish perspective, comparing the January average rate of 0.0785 to the December average rate of 0.0671, the exchange rate registered a net change of -14.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0807 was down 7.22% compared to the 2015 peak of 0.0870, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 404 XOF
2015 Average 403 XOF
Yearly Trough Low 320 XOF
Transaction Impact: A difference of 83.47 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0804
0.0632
JanuMarcMayJulySeptNove

GNF 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 0.0776, compared to 0.0659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.0776
H2 Avg (Jul–Dec) 0.0659

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0142 XOF (High: 0.0805 / Low: 0.0663). On the other end, April was the most stable month, with a tight range of 0.0011 XOF (High: 0.0774 / Low: 0.0763).

June Spread (Volatile) ±0.0142
April Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0095 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0790) against the same month in 2015 (average: 0.0801), the exchange rate shifted by -0.0012 (-1.44%).

2016 Avg (May) 0.0790
2015 Avg (May) 0.0801

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0792 0.0779 0.0785
February 0.0791 0.0758 0.0773
March 0.0795 0.0766 0.0778
April 0.0774 0.0763 0.0768
May 0.0807 0.0758 0.0790
June 0.0805 0.0663 0.0760
July 0.0673 0.0656 0.0665
August 0.0659 0.0642 0.0650
September 0.0654 0.0640 0.0646
October 0.0666 0.0645 0.0657
November 0.0687 0.0647 0.0668
December 0.0681 0.0660 0.0671