YEARLY HIGH
0.5628 XOF
YEARLY LOW
0.4891 XOF
YEARLY AVERAGE
0.5232 XOF

2016 IQD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IQD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.5628. Conversely, the yearly low was recorded on June 8, dropping to 0.4891.

This high-to-low spread represents a total annual volatility of 0.0737 XOF. From a start-to-finish perspective, comparing the January average rate of 0.5560 to the December average rate of 0.5291, the exchange rate registered a net change of -4.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5628 was down 2.49% compared to the 2015 peak of 0.5771, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,814 XOF
2015 Average 2,543 XOF
Yearly Trough Low 2,445 XOF
Transaction Impact: A difference of 368.58 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5616
0.4946
JanuMarcMayJulySeptNove

IQD 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 0.5322, compared to 0.5142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0180 points.

H1 Avg (Jan–Jun) 0.5322
H2 Avg (Jul–Dec) 0.5142

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0302 XOF (High: 0.5297 / Low: 0.4995). On the other end, September was the most stable month, with a tight range of 0.0058 XOF (High: 0.5071 / Low: 0.5013).

May Spread (Volatile) ±0.0302
September Spread (Stable) ±0.0058

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 April and May, when the average rate fell by 0.0168 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0168

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.5560) against the same month in 2015 (average: 0.4823), the exchange rate shifted by +0.0737 (+15.27%).

2016 Avg (January) 0.5560
2015 Avg (January) 0.4823

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5628 0.5501 0.5560
February 0.5564 0.5360 0.5465
March 0.5589 0.5345 0.5443
April 0.5379 0.5225 0.5313
May 0.5297 0.4995 0.5146
June 0.5126 0.4891 0.5002
July 0.5138 0.5042 0.5093
August 0.5107 0.4988 0.5045
September 0.5071 0.5013 0.5041
October 0.5195 0.5051 0.5129
November 0.5371 0.5109 0.5250
December 0.5342 0.5213 0.5291