2016 BOB to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BOB to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BOB to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 80.1561. Conversely, the yearly low was recorded on January 17, dropping to 77.3553.
This high-to-low spread represents a total annual volatility of 2.8008 CRC. From a start-to-finish perspective, comparing the January average rate of 77.5949 to the December average rate of 79.5442, the exchange rate registered a net change of 2.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 80.1561 was up 2.06% compared to the 2015 peak of 78.5361, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BOB to CRC 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 77.9924, compared to 79.5783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5859 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 1.4802 CRC (High: 79.4411 / Low: 77.9609). On the other end, September was the most stable month, with a tight range of 0.2875 CRC (High: 79.7600 / Low: 79.4725).
Growth Streaks & Declines
TrendsBetween May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3354 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 79.8455) against the same month in 2015 (average: 77.1313), the exchange rate shifted by +2.7142 (+3.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 77.9071 | 77.3553 | 77.5949 |
| February | 78.1481 | 77.5913 | 77.7979 |
| March | 78.3643 | 78.0001 | 78.1811 |
| April | 78.4681 | 77.3737 | 77.8456 |
| May | 77.9968 | 77.5802 | 77.7800 |
| June | 79.4411 | 77.9609 | 78.7546 |
| July | 79.6545 | 78.9227 | 79.2791 |
| August | 79.5874 | 79.1495 | 79.3729 |
| September | 79.7600 | 79.4725 | 79.6205 |
| October | 80.0021 | 79.6568 | 79.8077 |
| November | 80.1561 | 79.4353 | 79.8455 |
| December | 80.0579 | 79.1961 | 79.5442 |