YEARLY HIGH
2.1675 XOF
YEARLY LOW
2.0670 XOF
YEARLY AVERAGE
2.1163 XOF

2016 HUF to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HUF to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 2.1675. Conversely, the yearly low was recorded on June 27, dropping to 2.0670.

This high-to-low spread represents a total annual volatility of 0.1005 XOF. From a start-to-finish perspective, comparing the January average rate of 2.0988 to the December average rate of 2.1018, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.1675 was down 2.20% compared to the 2015 peak of 2.2162, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 2,167,487 XOF
2015 Average 2,118,958 XOF
Yearly Trough Low 2,066,973 XOF
Transaction Impact: A difference of 100,513.91 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.1493
2.0900
JanuMarcMayJulySeptNove

HUF 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 2.1112, compared to 2.1214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 2.1112
H2 Avg (Jul–Dec) 2.1214

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0646 XOF (High: 2.1613 / Low: 2.0967). On the other end, August was the most stable month, with a tight range of 0.0232 XOF (High: 2.1344 / Low: 2.1112).

November Spread (Volatile) ±0.0646
August Spread (Stable) ±0.0232

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 0.0271 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 2.1444) against the same month in 2015 (average: 2.1119), the exchange rate shifted by +0.0325 (+1.54%).

2016 Avg (October) 2.1444
2015 Avg (October) 2.1119

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1254 2.0772 2.0988
February 2.1476 2.1058 2.1300
March 2.1449 2.0980 2.1209
April 2.1293 2.1060 2.1186
May 2.1171 2.0858 2.0979
June 2.1249 2.0670 2.1008
July 2.1243 2.0735 2.0950
August 2.1344 2.1112 2.1252
September 2.1544 2.1135 2.1332
October 2.1675 2.1240 2.1444
November 2.1613 2.0967 2.1288
December 2.1304 2.0784 2.1018