2016 NOK to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NOK to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NOK to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 73.4878. Conversely, the yearly low was recorded on January 11, dropping to 67.6001.
This high-to-low spread represents a total annual volatility of 5.8877 XAF. From a start-to-finish perspective, comparing the January average rate of 68.5935 to the December average rate of 72.6677, the exchange rate registered a net change of 5.94% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 73.4878 was down 6.51% compared to the 2015 peak of 78.6055, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NOK 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 69.7233, compared to 71.6653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9420 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was September, with a trading range of 2.7902 XAF (High: 73.2950 / Low: 70.5048). On the other end, November was the most stable month, with a tight range of 0.6604 XAF (High: 72.5116 / Low: 71.8512).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.7152 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2016: 72.9421) against the same month in 2015 (average: 70.7658), the exchange rate shifted by +2.1763 (+3.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 69.7630 | 67.6001 | 68.5935 |
| February | 69.4267 | 67.7140 | 68.7143 |
| March | 70.2515 | 69.0456 | 69.6341 |
| April | 71.3236 | 69.2137 | 70.3867 |
| May | 71.0992 | 70.0766 | 70.5440 |
| June | 71.2415 | 69.7130 | 70.4674 |
| July | 71.0284 | 69.4549 | 70.1359 |
| August | 71.7471 | 69.4015 | 70.6487 |
| September | 73.2950 | 70.5048 | 71.3706 |
| October | 73.4878 | 72.3597 | 72.9421 |
| November | 72.5116 | 71.8512 | 72.2269 |
| December | 73.2948 | 72.0394 | 72.6677 |