YEARLY HIGH
46.0610 XOF
YEARLY LOW
36.0908 XOF
YEARLY AVERAGE
40.6391 XOF

2016 NAD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NAD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 46.0610. Conversely, the yearly low was recorded on January 18, dropping to 36.0908.

This high-to-low spread represents a total annual volatility of 9.9702 XOF. From a start-to-finish perspective, comparing the January average rate of 37.3328 to the December average rate of 44.8725, the exchange rate registered a net change of 20.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 46.0610 was down 10.71% compared to the 2015 peak of 51.5844, 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 230,305 XOF
2015 Average 232,987 XOF
Yearly Trough Low 180,454 XOF
Transaction Impact: A difference of 49,850.91 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

45.6264
36.5789
JanuMarcMayJulySeptNove

NAD 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 38.4219, compared to 42.8563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4344 points.

H1 Avg (Jan–Jun) 38.4219
H2 Avg (Jul–Dec) 42.8563

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 3.9047 XOF (High: 44.3157 / Low: 40.4110). On the other end, March was the most stable month, with a tight range of 1.8673 XOF (High: 39.2904 / Low: 37.4231).

August Spread (Volatile) ±3.9047
March Spread (Stable) ±1.8673

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 1.6746 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.6746

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 44.8725) against the same month in 2015 (average: 40.1337), the exchange rate shifted by +4.7387 (+11.81%).

2016 Avg (December) 44.8725
2015 Avg (December) 40.1337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 39.1622 36.0908 37.3328
February 39.3383 36.6612 37.6758
March 39.2904 37.4231 38.5666
April 40.9237 38.2511 39.8625
May 40.6572 37.4056 38.1879
June 40.1172 37.7391 38.9057
July 42.4512 40.1845 41.3459
August 44.3157 40.4110 42.7669
September 43.3274 40.2958 41.7553
October 44.1996 41.6658 42.8279
November 44.6590 42.3012 43.5694
December 46.0610 43.9144 44.8725