2016 MVR to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MVR to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MVR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 36.4673. Conversely, the yearly low was recorded on March 27, dropping to 34.7757.
This high-to-low spread represents a total annual volatility of 1.6916 CRC. From a start-to-finish perspective, comparing the January average rate of 35.0164 to the December average rate of 35.9406, the exchange rate registered a net change of 2.64% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 36.4673 was up 2.72% compared to the 2015 peak of 35.5006, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
MVR 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 35.1298, compared to 36.0783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9485 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 1.2258 CRC (High: 36.3801 / Low: 35.1543). On the other end, September was the most stable month, with a tight range of 0.1981 CRC (High: 36.1768 / Low: 35.9787).
Growth Streaks & Declines
TrendsBetween May and August, 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 November and December, when the average rate fell by 0.2027 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 36.1432) against the same month in 2015 (average: 34.7574), the exchange rate shifted by +1.3858 (+3.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 35.2898 | 34.8419 | 35.0164 |
| February | 35.3169 | 34.8926 | 35.0573 |
| March | 35.2078 | 34.7757 | 35.0245 |
| April | 35.5481 | 34.8900 | 35.0934 |
| May | 35.2523 | 34.9494 | 35.0823 |
| June | 36.3801 | 35.1543 | 35.5049 |
| July | 36.1670 | 35.8327 | 35.9889 |
| August | 36.3544 | 36.0284 | 36.1599 |
| September | 36.1768 | 35.9787 | 36.0877 |
| October | 36.2709 | 36.0199 | 36.1493 |
| November | 36.4673 | 35.8273 | 36.1432 |
| December | 36.1741 | 35.6569 | 35.9406 |