YEARLY HIGH
2.8898 BIF
YEARLY LOW
2.5400 BIF
YEARLY AVERAGE
2.7152 BIF

2016 XOF to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the XOF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 2.8898. Conversely, the yearly low was recorded on January 23, dropping to 2.5400.

This high-to-low spread represents a total annual volatility of 0.3498 BIF. From a start-to-finish perspective, comparing the January average rate of 2.5722 to the December average rate of 2.6925, the exchange rate registered a net change of 4.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.8898 was up 0.49% compared to the 2015 peak of 2.8756, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 XOF based on timing:

Yearly Peak High 14,449 BIF
2015 Average 13,243 BIF
Yearly Trough Low 12,700 BIF
Transaction Impact: A difference of 1,748.92 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.8603
2.5460
JanuMarcMayJulySeptNove

XOF to BIF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.6508, compared to 2.7796 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1288 points.

H1 Avg (Jan–Jun) 2.6508
H2 Avg (Jul–Dec) 2.7796

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.2617 BIF (High: 2.8898 / Low: 2.6280). On the other end, September was the most stable month, with a tight range of 0.0391 BIF (High: 2.8508 / Low: 2.8117).

June Spread (Volatile) ±0.2617
September Spread (Stable) ±0.0391

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0528 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0528

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 2.7375) against the same month in 2015 (average: 2.6775), the exchange rate shifted by +0.0600 (+2.24%).

2016 Avg (June) 2.7375
2015 Avg (June) 2.6775

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5923 2.5400 2.5722
February 2.6542 2.5838 2.6222
March 2.6881 2.5809 2.6348
April 2.6914 2.6415 2.6684
May 2.7286 2.6235 2.6697
June 2.8898 2.6280 2.7375
July 2.8174 2.7577 2.7858
August 2.8628 2.7867 2.8260
September 2.8508 2.8117 2.8341
October 2.8351 2.7584 2.7939
November 2.8118 2.6952 2.7453
December 2.7482 2.6547 2.6925