YEARLY HIGH
68.9992 CRC
YEARLY LOW
59.9317 CRC
YEARLY AVERAGE
64.7501 CRC

2016 NOK to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 68.9992. Conversely, the yearly low was recorded on January 6, dropping to 59.9317.

This high-to-low spread represents a total annual volatility of 9.0675 CRC. From a start-to-finish perspective, comparing the January average rate of 60.8417 to the December average rate of 64.2338, the exchange rate registered a net change of 5.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 68.9992 was down 5.18% compared to the 2015 peak of 72.7667, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 344,996 CRC
2015 Average 332,125 CRC
Yearly Trough Low 299,659 CRC
Transaction Impact: A difference of 45,337.46 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

68.2811
60.1654
JanuMarcMayJulySeptNove

NOK to CRC Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 63.6437, compared to 65.8566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2129 points.

H1 Avg (Jan–Jun) 63.6437
H2 Avg (Jul–Dec) 65.8566

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 3.4720 CRC (High: 67.6175 / Low: 64.1455). On the other end, February was the most stable month, with a tight range of 1.4147 CRC (High: 63.0374 / Low: 61.6227).

November Spread (Volatile) ±3.4720
February Spread (Stable) ±1.4147

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.0131 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 67.6048) against the same month in 2015 (average: 64.6269), the exchange rate shifted by +2.9779 (+4.61%).

2016 Avg (October) 67.6048
2015 Avg (October) 64.6269

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 62.1339 59.9317 60.8417
February 63.0374 61.6227 62.3229
March 64.4996 61.8112 63.1408
April 66.5517 64.2681 65.0740
May 67.0002 64.2080 65.1338
June 66.7885 63.7329 65.3487
July 65.7112 63.7441 64.5447
August 67.2046 64.4208 66.1239
September 68.8405 65.9965 67.0406
October 68.9992 66.5494 67.6048
November 67.6175 64.1455 65.5917
December 65.6833 63.2478 64.2338