2016 CAD to NAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 CAD to NAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the CAD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 12.0996. Conversely, the yearly low was recorded on November 8, dropping to 10.0119.
This high-to-low spread represents a total annual volatility of 2.0876 NAD. From a start-to-finish perspective, comparing the January average rate of 11.4694 to the December average rate of 10.3883, the exchange rate registered a net change of -9.43% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 12.0996 was up 4.65% compared to the 2015 peak of 11.5625, 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 NAD 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 11.5754, compared to 10.6144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9611 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was September, with a trading range of 0.9278 NAD (High: 11.1866 / Low: 10.2588). On the other end, April was the most stable month, with a tight range of 0.3470 NAD (High: 11.5899 / Low: 11.2429).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.6443 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 11.8221) against the same month in 2015 (average: 9.8240), the exchange rate shifted by +1.9981 (+20.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.7213 | 11.1645 | 11.4694 |
| February | 11.9041 | 11.0690 | 11.4558 |
| March | 11.9508 | 11.3980 | 11.6247 |
| April | 11.5899 | 11.2429 | 11.3878 |
| May | 12.0996 | 11.3035 | 11.8221 |
| June | 11.9610 | 11.2898 | 11.6927 |
| July | 11.3979 | 10.6856 | 11.0485 |
| August | 11.1427 | 10.2184 | 10.5873 |
| September | 11.1866 | 10.2588 | 10.7492 |
| October | 10.8521 | 10.1129 | 10.5178 |
| November | 10.7115 | 10.0119 | 10.3952 |
| December | 10.5682 | 10.0967 | 10.3883 |