2016 CAD to AZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 CAD to AZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the CAD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 1.3451. Conversely, the yearly low was recorded on January 17, dropping to 1.0752.
This high-to-low spread represents a total annual volatility of 0.2700 AZN. From a start-to-finish perspective, comparing the January average rate of 1.1168 to the December average rate of 1.3273, the exchange rate registered a net change of 18.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 1.3451 was up 19.36% compared to the 2015 peak of 1.1270, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
CAD to AZN 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 1.1676, compared to 1.2541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0864 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 0.0957 AZN (High: 1.2558 / Low: 1.1601). On the other end, October was the most stable month, with a tight range of 0.0324 AZN (High: 1.2406 / Low: 1.2082).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0393 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 1.3273) against the same month in 2015 (average: 0.8593), the exchange rate shifted by +0.4680 (+54.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.1612 | 1.0752 | 1.1168 |
| February | 1.1661 | 1.1304 | 1.1467 |
| March | 1.2558 | 1.1601 | 1.2215 |
| April | 1.2006 | 1.1556 | 1.1822 |
| May | 1.2022 | 1.1369 | 1.1595 |
| June | 1.2055 | 1.1378 | 1.1792 |
| July | 1.2230 | 1.1860 | 1.2023 |
| August | 1.2753 | 1.2174 | 1.2498 |
| September | 1.2889 | 1.2371 | 1.2557 |
| October | 1.2406 | 1.2082 | 1.2213 |
| November | 1.2988 | 1.2334 | 1.2679 |
| December | 1.3451 | 1.3098 | 1.3273 |