2016 ZAR to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ZAR to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ZAR to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 46.1069. Conversely, the yearly low was recorded on January 19, dropping to 36.0495.
This high-to-low spread represents a total annual volatility of 10.0575 XOF. From a start-to-finish perspective, comparing the January average rate of 37.3141 to the December average rate of 44.8895, the exchange rate registered a net change of 20.30% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 46.1069 was down 10.63% compared to the 2015 peak of 51.5904, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
ZAR 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 38.4182, compared to 42.8509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4328 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 3.9722 XOF (High: 44.2330 / Low: 40.2609). On the other end, March was the most stable month, with a tight range of 1.8050 XOF (High: 39.3819 / Low: 37.5769).
Growth Streaks & Declines
TrendsBetween January and April, 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 April and May, when the average rate fell by 1.6807 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 44.8895) against the same month in 2015 (average: 40.1250), the exchange rate shifted by +4.7645 (+11.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 39.1784 | 36.0495 | 37.3141 |
| February | 39.3232 | 36.6650 | 37.6614 |
| March | 39.3819 | 37.5769 | 38.5852 |
| April | 40.8929 | 38.2514 | 39.8656 |
| May | 40.6311 | 37.3826 | 38.1849 |
| June | 40.1333 | 37.7295 | 38.8978 |
| July | 42.5406 | 40.2163 | 41.3345 |
| August | 44.2330 | 40.2609 | 42.7362 |
| September | 43.4401 | 40.3659 | 41.7128 |
| October | 44.2523 | 41.5953 | 42.8430 |
| November | 44.8373 | 42.3152 | 43.5897 |
| December | 46.1069 | 43.7777 | 44.8895 |