2016 NZD to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NZD to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NZD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 50.1237. Conversely, the yearly low was recorded on January 19, dropping to 43.8696.
This high-to-low spread represents a total annual volatility of 6.2542 AFN. From a start-to-finish perspective, comparing the January average rate of 44.8953 to the December average rate of 46.6819, the exchange rate registered a net change of 3.98% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 50.1237 was up 5.98% compared to the 2015 peak of 47.2945, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NZD to AFN 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 46.5472, compared to 47.9314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3842 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 2.9619 AFN (High: 46.8315 / Low: 43.8696). On the other end, February was the most stable month, with a tight range of 1.6657 AFN (High: 46.4367 / Low: 44.7709).
Growth Streaks & Declines
TrendsBetween January and April, 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 September and October, when the average rate fell by 1.5363 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2016: 49.0441) against the same month in 2015 (average: 40.2915), the exchange rate shifted by +8.7526 (+21.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 46.8315 | 43.8696 | 44.8953 |
| February | 46.4367 | 44.7709 | 45.6982 |
| March | 47.5046 | 45.2351 | 46.2100 |
| April | 48.1785 | 46.4694 | 47.1531 |
| May | 48.0551 | 46.1014 | 46.6390 |
| June | 49.8193 | 46.9673 | 48.6879 |
| July | 50.1237 | 47.9118 | 49.0441 |
| August | 49.5547 | 46.8205 | 48.6191 |
| September | 49.7676 | 47.8076 | 48.7003 |
| October | 48.0908 | 46.2566 | 47.1640 |
| November | 48.5912 | 46.6598 | 47.3791 |
| December | 47.8606 | 45.5345 | 46.6819 |