YEARLY HIGH
0.1696 CVE
YEARLY LOW
0.1634 CVE
YEARLY AVERAGE
0.1673 CVE

2016 XOF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the XOF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.1696. Conversely, the yearly low was recorded on December 28, dropping to 0.1634.

This high-to-low spread represents a total annual volatility of 0.0062 CVE. From a start-to-finish perspective, comparing the January average rate of 0.1672 to the December average rate of 0.1681, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1696 was down 0.12% compared to the 2015 peak of 0.1698, 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 848 CVE
2015 Average 839 CVE
Yearly Trough Low 817 CVE
Transaction Impact: A difference of 30.98 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1683
0.1665
JanuMarcMayJulySeptNove

XOF to CVE 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 0.1671, compared to 0.1676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1671
H2 Avg (Jul–Dec) 0.1676

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0062 CVE (High: 0.1696 / Low: 0.1634). On the other end, July was the most stable month, with a tight range of 0.0016 CVE (High: 0.1681 / Low: 0.1665).

December Spread (Volatile) ±0.0062
July Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between October and December, 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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1681) against the same month in 2015 (average: 0.1676), the exchange rate shifted by +0.0005 (+0.32%).

2016 Avg (December) 0.1681
2015 Avg (December) 0.1676

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1681 0.1659 0.1672
February 0.1682 0.1662 0.1671
March 0.1694 0.1665 0.1674
April 0.1684 0.1655 0.1671
May 0.1687 0.1655 0.1666
June 0.1689 0.1663 0.1674
July 0.1681 0.1665 0.1673
August 0.1679 0.1663 0.1673
September 0.1681 0.1663 0.1675
October 0.1682 0.1666 0.1674
November 0.1685 0.1667 0.1677
December 0.1696 0.1634 0.1681