2016 NIO to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NIO to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NIO to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 21.8922. Conversely, the yearly low was recorded on May 3, dropping to 19.9885.
This high-to-low spread represents a total annual volatility of 1.9037 XAF. From a start-to-finish perspective, comparing the January average rate of 21.7227 to the December average rate of 21.2614, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 21.8922 was down 6.20% compared to the 2015 peak of 23.3395, 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 XAF 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 20.8542, compared to 20.6711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1830 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 1.1586 XAF (High: 21.8133 / Low: 20.6548). On the other end, September was the most stable month, with a tight range of 0.2467 XAF (High: 20.3774 / Low: 20.1307).
Growth Streaks & Declines
TrendsBetween 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 January and February, when the average rate fell by 0.6304 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 21.7227) against the same month in 2015 (average: 21.2455), the exchange rate shifted by +0.4772 (+2.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.8922 | 21.5550 | 21.7227 |
| February | 21.8133 | 20.6548 | 21.0923 |
| March | 21.4235 | 20.4879 | 20.8760 |
| April | 20.8174 | 20.2394 | 20.5437 |
| May | 20.6844 | 19.9885 | 20.4025 |
| June | 20.8832 | 20.2085 | 20.4878 |
| July | 20.9188 | 20.5294 | 20.7719 |
| August | 20.6680 | 20.0948 | 20.3546 |
| September | 20.3774 | 20.1307 | 20.2475 |
| October | 20.7884 | 20.1906 | 20.5074 |
| November | 21.3241 | 20.3284 | 20.8839 |
| December | 21.5965 | 20.9074 | 21.2614 |