YEARLY HIGH
0.5194 BOB
YEARLY LOW
0.4104 BOB
YEARLY AVERAGE
0.4708 BOB

2016 NAD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NAD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.5194. Conversely, the yearly low was recorded on January 18, dropping to 0.4104.

This high-to-low spread represents a total annual volatility of 0.1090 BOB. From a start-to-finish perspective, comparing the January average rate of 0.4248 to the December average rate of 0.4991, the exchange rate registered a net change of 17.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5194 was down 14.84% compared to the 2015 peak of 0.6099, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,597 BOB
2015 Average 2,721 BOB
Yearly Trough Low 2,052 BOB
Transaction Impact: A difference of 544.86 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5109
0.4169
JanuMarcMayJulySeptNove

NAD to BOB 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 0.4475, compared to 0.4940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0465 points.

H1 Avg (Jan–Jun) 0.4475
H2 Avg (Jul–Dec) 0.4940

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0505 BOB (High: 0.4867 / Low: 0.4362). On the other end, December was the most stable month, with a tight range of 0.0193 BOB (High: 0.5098 / Low: 0.4905).

May Spread (Volatile) ±0.0505
December Spread (Stable) ±0.0193

Growth Streaks & Declines

Trends

Between January and April, 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 0.0197 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.4948) against the same month in 2015 (average: 0.4881), the exchange rate shifted by +0.0067 (+1.37%).

2016 Avg (November) 0.4948
2015 Avg (November) 0.4881

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4463 0.4104 0.4248
February 0.4522 0.4269 0.4365
March 0.4606 0.4328 0.4451
April 0.4859 0.4506 0.4708
May 0.4867 0.4362 0.4510
June 0.4787 0.4404 0.4570
July 0.4955 0.4665 0.4790
August 0.5182 0.4740 0.5030
September 0.5111 0.4730 0.4918
October 0.5090 0.4838 0.4963
November 0.5194 0.4788 0.4948
December 0.5098 0.4905 0.4991