YEARLY HIGH
22.0464 XOF
YEARLY LOW
20.0463 XOF
YEARLY AVERAGE
20.8283 XOF

2016 NIO to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NIO to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 22.0464. Conversely, the yearly low was recorded on May 3, dropping to 20.0463.

This high-to-low spread represents a total annual volatility of 2.0001 XOF. From a start-to-finish perspective, comparing the January average rate of 21.8243 to the December average rate of 21.2413, the exchange rate registered a net change of -2.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 22.0464 was down 5.46% compared to the 2015 peak of 23.3201, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 110,232 XOF
2015 Average 109,259 XOF
Yearly Trough Low 100,231 XOF
Transaction Impact: A difference of 10,000.35 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

21.9787
20.1259
JanuMarcMayJulySeptNove

NIO 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 20.9559, compared to 20.7006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2553 points.

H1 Avg (Jan–Jun) 20.9559
H2 Avg (Jul–Dec) 20.7006

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 1.1147 XOF (High: 21.8969 / Low: 20.7822). On the other end, September was the most stable month, with a tight range of 0.2838 XOF (High: 20.4214 / Low: 20.1376).

February Spread (Volatile) ±1.1147
September Spread (Stable) ±0.2838

Growth Streaks & Declines

Trends

Between 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 0.6022 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 21.8243) against the same month in 2015 (average: 21.2320), the exchange rate shifted by +0.5923 (+2.79%).

2016 Avg (January) 21.8243
2015 Avg (January) 21.2320

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.0464 21.6466 21.8243
February 21.8969 20.7822 21.2221
March 21.5921 20.6170 20.9806
April 20.9169 20.4190 20.6596
May 20.8005 20.0463 20.5099
June 20.8885 20.2186 20.5391
July 21.0266 20.5399 20.8137
August 20.7842 20.1365 20.4045
September 20.4214 20.1376 20.2803
October 20.8717 20.2243 20.5489
November 21.3345 20.4032 20.9153
December 21.5560 20.9240 21.2413