2016 ETB to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ETB to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ETB to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 25.3902. Conversely, the yearly low was recorded on December 16, dropping to 24.4644.
This high-to-low spread represents a total annual volatility of 0.9258 CRC. From a start-to-finish perspective, comparing the January average rate of 25.2294 to the December average rate of 24.5834, the exchange rate registered a net change of -2.56% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 25.3902 was down 5.40% compared to the 2015 peak of 26.8408, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
ETB 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 24.9713, compared to 24.8138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1576 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 0.4326 CRC (High: 25.0767 / Low: 24.6441). On the other end, August was the most stable month, with a tight range of 0.1227 CRC (High: 24.9660 / Low: 24.8433).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1626 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 25.2294) against the same month in 2015 (average: 26.6056), the exchange rate shifted by -1.3762 (-5.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.3902 | 25.1269 | 25.2294 |
| February | 25.2802 | 25.0274 | 25.1580 |
| March | 25.0968 | 24.8047 | 24.9954 |
| April | 24.9101 | 24.7666 | 24.8331 |
| May | 24.9326 | 24.5370 | 24.7380 |
| June | 25.0767 | 24.6441 | 24.8740 |
| July | 24.9869 | 24.7752 | 24.8937 |
| August | 24.9660 | 24.8433 | 24.8867 |
| September | 25.0028 | 24.8241 | 24.9138 |
| October | 24.9730 | 24.7821 | 24.8603 |
| November | 24.8444 | 24.5126 | 24.7447 |
| December | 24.7685 | 24.4644 | 24.5834 |