2016 CAD to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 CAD to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the CAD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 484.6000. Conversely, the yearly low was recorded on November 27, dropping to 409.6615.
This high-to-low spread represents a total annual volatility of 74.9385 SOS. From a start-to-finish perspective, comparing the January average rate of 436.3609 to the December average rate of 429.1433, the exchange rate registered a net change of -1.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 484.6000 was down 21.45% compared to the 2015 peak of 616.9275, 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 SOS 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 457.0400, compared to 439.2376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 17.8024 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 32.1138 SOS (High: 484.6000 / Low: 452.4862). On the other end, September was the most stable month, with a tight range of 12.8047 SOS (High: 453.2567 / Low: 440.4520).
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 October and November, when the average rate fell by 12.0608 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 466.7957) against the same month in 2015 (average: 574.2972), the exchange rate shifted by -107.5015 (-18.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 449.8917 | 425.7612 | 436.3609 |
| February | 452.8564 | 438.2690 | 444.4462 |
| March | 472.8749 | 453.4420 | 463.2156 |
| April | 483.2131 | 462.9001 | 475.4271 |
| May | 484.6000 | 452.4862 | 466.7957 |
| June | 463.6501 | 448.0619 | 455.9947 |
| July | 455.9465 | 440.1213 | 446.9341 |
| August | 453.8924 | 440.0685 | 448.0448 |
| September | 453.2567 | 440.4520 | 445.6634 |
| October | 447.4245 | 427.3576 | 438.8505 |
| November | 434.5467 | 409.6615 | 426.7897 |
| December | 439.2749 | 411.1302 | 429.1433 |