2016 NZD to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NZD to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NZD to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 445.3295. Conversely, the yearly low was recorded on January 19, dropping to 385.6417.
This high-to-low spread represents a total annual volatility of 59.6877 XAF. From a start-to-finish perspective, comparing the January average rate of 395.5639 to the December average rate of 437.5676, the exchange rate registered a net change of 10.62% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 445.3295 was down 5.08% compared to the 2015 peak of 469.1849, 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 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 398.6008, compared to 429.0834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 30.4826 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 27.9226 XAF (High: 413.5643 / Low: 385.6417). On the other end, August was the most stable month, with a tight range of 8.2188 XAF (High: 428.9970 / Low: 420.7781).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 4.0906 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 437.5676) against the same month in 2015 (average: 407.0918), the exchange rate shifted by +30.4758 (+7.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 413.5643 | 385.6417 | 395.5639 |
| February | 400.4907 | 386.4404 | 392.3873 |
| March | 407.4035 | 390.4417 | 397.8250 |
| April | 407.4516 | 391.5081 | 398.9048 |
| May | 400.7344 | 389.7778 | 394.8142 |
| June | 422.7534 | 401.0063 | 412.1099 |
| July | 434.2965 | 415.5743 | 423.9963 |
| August | 428.9970 | 420.7781 | 423.8989 |
| September | 436.7492 | 422.3919 | 428.2554 |
| October | 432.5885 | 419.4405 | 426.3712 |
| November | 439.9885 | 428.8484 | 434.4112 |
| December | 445.3295 | 431.2687 | 437.5676 |