2016 CAD to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 CAD to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the CAD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 279.8844. Conversely, the yearly low was recorded on January 6, dropping to 219.6946.
This high-to-low spread represents a total annual volatility of 60.1898 MRO. From a start-to-finish perspective, comparing the January average rate of 235.8470 to the December average rate of 268.2417, the exchange rate registered a net change of 13.74% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 279.8844 was up 5.70% compared to the 2015 peak of 264.7905, 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 MRO 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 260.1682, compared to 270.1328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.9646 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 26.5695 MRO (High: 246.2640 / Low: 219.6946). On the other end, November was the most stable month, with a tight range of 4.6770 MRO (High: 268.7369 / Low: 264.0599).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 3.5132 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 275.9796) against the same month in 2015 (average: 259.2381), the exchange rate shifted by +16.7415 (+6.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 246.2640 | 219.6946 | 235.8470 |
| February | 255.0673 | 237.3427 | 247.9360 |
| March | 264.4228 | 255.5280 | 260.0497 |
| April | 276.4117 | 262.2816 | 269.4274 |
| May | 275.0297 | 266.9816 | 271.7697 |
| June | 279.8844 | 271.0353 | 275.9796 |
| July | 275.9100 | 268.8099 | 272.4663 |
| August | 277.5530 | 269.9500 | 273.4147 |
| September | 276.3189 | 269.2052 | 271.8231 |
| October | 272.5185 | 265.4155 | 269.1071 |
| November | 268.7369 | 264.0599 | 265.7439 |
| December | 272.1871 | 264.0677 | 268.2417 |