2016 EGP to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 EGP to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the EGP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 68.7550. Conversely, the yearly low was recorded on December 20, dropping to 28.0553.
This high-to-low spread represents a total annual volatility of 40.6997 CRC. From a start-to-finish perspective, comparing the January average rate of 68.4535 to the December average rate of 29.9290, the exchange rate registered a net change of -56.28% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 68.7550 was down 9.48% compared to the 2015 peak of 75.9516, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
EGP to CRC 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 63.7724, compared to 52.4526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.3198 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 31.5880 CRC (High: 62.1958 / Low: 30.6079). On the other end, April was the most stable month, with a tight range of 0.2180 CRC (High: 60.4334 / Low: 60.2155).
Growth Streaks & Declines
TrendsBetween April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 25.0277 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 68.4749) against the same month in 2015 (average: 70.6116), the exchange rate shifted by -2.1367 (-3.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 68.7225 | 68.2261 | 68.4535 |
| February | 68.7550 | 68.2920 | 68.4749 |
| March | 68.5828 | 59.7415 | 63.8511 |
| April | 60.4334 | 60.2155 | 60.3009 |
| May | 60.6338 | 60.2454 | 60.4259 |
| June | 62.0276 | 60.4560 | 61.1281 |
| July | 61.7792 | 61.4425 | 61.5533 |
| August | 62.1759 | 61.6423 | 61.8615 |
| September | 62.1805 | 61.9538 | 62.0549 |
| October | 62.3246 | 61.9376 | 62.1723 |
| November | 62.1958 | 30.6079 | 37.1445 |
| December | 30.8421 | 28.0553 | 29.9290 |