YEARLY HIGH
410.6221 CRC
YEARLY LOW
341.9206 CRC
YEARLY AVERAGE
379.0477 CRC

2016 NZD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NZD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 410.6221. Conversely, the yearly low was recorded on January 19, dropping to 341.9206.

This high-to-low spread represents a total annual volatility of 68.7015 CRC. From a start-to-finish perspective, comparing the January average rate of 350.8655 to the December average rate of 386.7828, the exchange rate registered a net change of 10.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 410.6221 was down 3.00% compared to the 2015 peak of 423.3059, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,053,111 CRC
2015 Average 1,871,511 CRC
Yearly Trough Low 1,709,603 CRC
Transaction Impact: A difference of 343,507.63 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

407.4046
345.7256
JanuMarcMayJulySeptNove

NZD 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 363.8274, compared to 394.2680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 30.4407 points.

H1 Avg (Jan–Jun) 363.8274
H2 Avg (Jul–Dec) 394.2680

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 28.4749 CRC (High: 394.7115 / Low: 366.2366). On the other end, February was the most stable month, with a tight range of 10.7024 CRC (High: 361.6564 / Low: 350.9540).

June Spread (Volatile) ±28.4749
February Spread (Stable) ±10.7024

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 7.6990 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -7.6990

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 402.2647) against the same month in 2015 (average: 338.7886), the exchange rate shifted by +63.4761 (+18.74%).

2016 Avg (September) 402.2647
2015 Avg (September) 338.7886

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 368.7417 341.9206 350.8655
February 361.6564 350.9540 355.8809
March 369.8301 353.1014 360.7148
April 376.6871 363.3745 368.7942
May 377.9250 359.4694 364.5334
June 394.7115 366.2366 382.1754
July 399.7063 380.5740 390.2022
August 402.2220 390.8523 396.7377
September 410.6221 398.4077 402.2647
October 401.5915 388.8065 395.1390
November 407.7745 386.1842 394.4818
December 395.8357 378.9366 386.7828