2016 PHP to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PHP to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PHP to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 12.9969. Conversely, the yearly low was recorded on October 2, dropping to 12.0715.
This high-to-low spread represents a total annual volatility of 0.9254 XAF. From a start-to-finish perspective, comparing the January average rate of 12.7181 to the December average rate of 12.5135, the exchange rate registered a net change of -1.61% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 12.9969 was down 7.65% compared to the 2015 peak of 14.0739, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
PHP 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 12.5479, compared to 12.4555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0925 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was September, with a trading range of 0.5406 XAF (High: 12.6511 / Low: 12.1105). On the other end, August was the most stable month, with a tight range of 0.2041 XAF (High: 12.6801 / Low: 12.4760).
Growth Streaks & Declines
TrendsBetween May and July, 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 January and February, when the average rate fell by 0.2996 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 12.7181) against the same month in 2015 (average: 12.6665), the exchange rate shifted by +0.0516 (+0.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.9969 | 12.5681 | 12.7181 |
| February | 12.6820 | 12.2131 | 12.4185 |
| March | 12.7753 | 12.5393 | 12.6556 |
| April | 12.6380 | 12.2166 | 12.4927 |
| May | 12.6207 | 12.0842 | 12.4118 |
| June | 12.6639 | 12.4425 | 12.5910 |
| July | 12.7269 | 12.5123 | 12.6232 |
| August | 12.6801 | 12.4760 | 12.5873 |
| September | 12.6511 | 12.1105 | 12.3357 |
| October | 12.5281 | 12.0715 | 12.3164 |
| November | 12.4774 | 12.1592 | 12.3566 |
| December | 12.6405 | 12.2916 | 12.5135 |