YEARLY HIGH
21.3888 XOF
YEARLY LOW
17.7435 XOF
YEARLY AVERAGE
19.4408 XOF

2017 NIO to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NIO to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 21.3888. Conversely, the yearly low was recorded on December 31, dropping to 17.7435.

This high-to-low spread represents a total annual volatility of 3.6453 XOF. From a start-to-finish perspective, comparing the January average rate of 21.0482 to the December average rate of 17.9690, the exchange rate registered a net change of -14.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 21.3888 was down 2.98% compared to the 2016 peak of 22.0464, 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 106,944 XOF
2016 Average 104,143 XOF
Yearly Trough Low 88,718 XOF
Transaction Impact: A difference of 18,226.63 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

21.3561
17.6611
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 20.5211, compared to 18.3604 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1606 points.

H1 Avg (Jan–Jun) 20.5211
H2 Avg (Jul–Dec) 18.3604

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.8683 XOF (High: 19.3841 / Low: 18.5158). On the other end, October was the most stable month, with a tight range of 0.3902 XOF (High: 18.4270 / Low: 18.0367).

July Spread (Volatile) ±0.8683
October Spread (Stable) ±0.3902

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.7145 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.7145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 21.0482) against the same month in 2016 (average: 21.8243), the exchange rate shifted by -0.7762 (-3.56%).

2017 Avg (January) 21.0482
2016 Avg (January) 21.8243

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.3888 20.7358 21.0482
February 21.1570 20.7043 20.9364
March 21.1245 20.4873 20.8162
April 20.8926 20.2813 20.6915
May 20.3594 19.6366 19.9770
June 19.9246 19.3156 19.6572
July 19.3841 18.5158 19.0090
August 18.7708 18.2420 18.5535
September 18.4707 17.7672 18.1618
October 18.4270 18.0367 18.2988
November 18.4096 17.8637 18.1705
December 18.1398 17.7435 17.9690