2016 CAD to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 CAD to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the CAD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 84.8133. Conversely, the yearly low was recorded on January 19, dropping to 74.2022.
This high-to-low spread represents a total annual volatility of 10.6111 NPR. From a start-to-finish perspective, comparing the January average rate of 75.8874 to the December average rate of 81.3167, the exchange rate registered a net change of 7.15% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 84.8133 was down 2.64% compared to the 2015 peak of 87.1097, 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 NPR 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 80.8587, compared to 81.4346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5759 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 4.0883 NPR (High: 81.5683 / Low: 77.4800). On the other end, March was the most stable month, with a tight range of 1.5597 NPR (High: 81.8602 / Low: 80.3005).
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 September and October, when the average rate fell by 1.0382 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 82.6955) against the same month in 2015 (average: 83.6628), the exchange rate shifted by -0.9673 (-1.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 77.9017 | 74.2022 | 75.8874 |
| February | 81.5683 | 77.4800 | 79.1714 |
| March | 81.8602 | 80.3005 | 81.0111 |
| April | 84.6988 | 80.9913 | 82.8978 |
| May | 84.8133 | 82.1669 | 82.6955 |
| June | 84.4646 | 82.3011 | 83.4890 |
| July | 83.5856 | 81.5358 | 82.4984 |
| August | 83.4265 | 81.1607 | 82.3496 |
| September | 82.6673 | 80.6380 | 81.5761 |
| October | 81.4522 | 79.5028 | 80.5379 |
| November | 81.6782 | 79.1765 | 80.3291 |
| December | 82.2175 | 80.0855 | 81.3167 |