2016 SEK to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SEK to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SEK to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 72.1224. Conversely, the yearly low was recorded on November 6, dropping to 66.1792.
This high-to-low spread represents a total annual volatility of 5.9432 XOF. From a start-to-finish perspective, comparing the January average rate of 71.0943 to the December average rate of 67.5505, the exchange rate registered a net change of -4.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 72.1224 was up 0.34% compared to the 2015 peak of 71.8798, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SEK to XOF 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 70.9464, compared to 68.2951 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6513 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was December, with a trading range of 2.4616 XOF (High: 69.0814 / Low: 66.6198). On the other end, September was the most stable month, with a tight range of 0.9840 XOF (High: 69.3386 / Low: 68.3546).
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 June and July, when the average rate fell by 1.1741 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2016: 71.6610) against the same month in 2015 (average: 70.2339), the exchange rate shifted by +1.4271 (+2.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 71.8595 | 70.4574 | 71.0943 |
| February | 70.9202 | 69.5778 | 70.2212 |
| March | 71.5387 | 70.3435 | 71.0197 |
| April | 72.1224 | 71.0368 | 71.6610 |
| May | 71.8688 | 70.5406 | 71.0125 |
| June | 71.6185 | 69.7515 | 70.6699 |
| July | 70.2733 | 68.7881 | 69.4958 |
| August | 69.8183 | 68.6781 | 69.4242 |
| September | 69.3386 | 68.3546 | 68.7929 |
| October | 68.7348 | 66.3717 | 67.7821 |
| November | 67.2197 | 66.1792 | 66.7251 |
| December | 69.0814 | 66.6198 | 67.5505 |