2016 XOF to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 XOF to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the XOF to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 37.7172. Conversely, the yearly low was recorded on June 24, dropping to 35.3282.
This high-to-low spread represents a total annual volatility of 2.3890 STD. From a start-to-finish perspective, comparing the January average rate of 37.1235 to the December average rate of 37.4047, the exchange rate registered a net change of 0.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 37.7172 was down 0.00% compared to the 2015 peak of 37.7182, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XOF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
XOF to STD 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 37.1278, compared to 37.2395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1117 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 2.1995 STD (High: 37.5277 / Low: 35.3282). On the other end, July was the most stable month, with a tight range of 0.3753 STD (High: 37.3396 / Low: 36.9643).
Growth Streaks & Declines
TrendsBetween April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1483 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 37.2139) against the same month in 2015 (average: 37.3660), the exchange rate shifted by -0.1521 (-0.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 37.3620 | 36.9226 | 37.1235 |
| February | 37.7172 | 36.9281 | 37.2139 |
| March | 37.6211 | 36.9878 | 37.1942 |
| April | 37.3692 | 36.7373 | 37.0460 |
| May | 37.2449 | 36.8477 | 37.0542 |
| June | 37.5277 | 35.3282 | 37.1352 |
| July | 37.3396 | 36.9643 | 37.1877 |
| August | 37.4290 | 36.9050 | 37.1709 |
| September | 37.3774 | 36.9746 | 37.2227 |
| October | 37.4206 | 36.7852 | 37.1941 |
| November | 37.5124 | 36.9307 | 37.2572 |
| December | 37.5760 | 37.1886 | 37.4047 |