2016 NIO to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NIO to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NIO to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 41.0794. Conversely, the yearly low was recorded on November 17, dropping to 31.3821.
This high-to-low spread represents a total annual volatility of 9.6973 CDF. From a start-to-finish perspective, comparing the January average rate of 33.3168 to the December average rate of 39.7597, the exchange rate registered a net change of 19.34% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 41.0794 was up 16.98% compared to the 2015 peak of 35.1158, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NIO 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 32.9430, compared to 34.7183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7754 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 7.8564 CDF (High: 39.2385 / Low: 31.3821). On the other end, March was the most stable month, with a tight range of 0.2141 CDF (High: 32.9357 / Low: 32.7216).
Growth Streaks & Declines
TrendsBetween May and August, 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 0.3471 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 39.7597) against the same month in 2015 (average: 33.2488), the exchange rate shifted by +6.5108 (+19.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.5905 | 33.1328 | 33.3168 |
| February | 33.5999 | 32.9179 | 33.1127 |
| March | 32.9357 | 32.7216 | 32.8192 |
| April | 33.1554 | 32.6996 | 32.9257 |
| May | 32.7278 | 32.4412 | 32.5786 |
| June | 33.6745 | 31.8940 | 32.9049 |
| July | 34.0862 | 33.0045 | 33.2871 |
| August | 34.0688 | 33.6291 | 33.8842 |
| September | 33.9726 | 33.4463 | 33.7160 |
| October | 33.9109 | 32.9701 | 33.4528 |
| November | 39.2385 | 31.3821 | 34.2104 |
| December | 41.0794 | 38.7941 | 39.7597 |