2016 NAD to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NAD to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NAD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 85.7032. Conversely, the yearly low was recorded on January 18, dropping to 55.0973.
This high-to-low spread represents a total annual volatility of 30.6059 CDF. From a start-to-finish perspective, comparing the January average rate of 56.9902 to the December average rate of 83.9929, the exchange rate registered a net change of 47.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 85.7032 was up 4.87% compared to the 2015 peak of 81.7248, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NAD to CDF 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 60.4430, compared to 71.9275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.4844 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 18.4912 CDF (High: 82.3036 / Low: 63.8124). On the other end, February was the most stable month, with a tight range of 3.3783 CDF (High: 60.9380 / Low: 57.5597).
Growth Streaks & Declines
TrendsBetween 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 2.8514 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 83.9929) against the same month in 2015 (average: 61.6307), the exchange rate shifted by +22.3622 (+36.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 59.6883 | 55.0973 | 56.9902 |
| February | 60.9380 | 57.5597 | 58.7867 |
| March | 62.5840 | 58.5142 | 60.3343 |
| April | 65.2533 | 60.9736 | 63.5287 |
| May | 65.4681 | 58.6875 | 60.6772 |
| June | 66.5865 | 59.4080 | 62.3411 |
| July | 70.0217 | 64.0501 | 66.1332 |
| August | 73.6355 | 67.0576 | 71.0190 |
| September | 71.9301 | 66.9776 | 69.4182 |
| October | 71.7428 | 68.1984 | 69.7223 |
| November | 82.3036 | 63.8124 | 71.2794 |
| December | 85.7032 | 80.8800 | 83.9929 |