2016 SGD to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SGD to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SGD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 409.5224. Conversely, the yearly low was recorded on January 17, dropping to 370.9731.
This high-to-low spread represents a total annual volatility of 38.5493 CRC. From a start-to-finish perspective, comparing the January average rate of 374.3992 to the December average rate of 383.2436, the exchange rate registered a net change of 2.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 409.5224 was up 0.23% compared to the 2015 peak of 408.5741, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SGD 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 389.0711, compared to 398.4838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.4127 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 17.5006 CRC (High: 407.3201 / Low: 389.8195). On the other end, August was the most stable month, with a tight range of 5.4233 CRC (High: 409.5224 / Low: 404.0991).
Growth Streaks & Declines
TrendsBetween January and April, 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 8.0775 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2016: 407.3328) against the same month in 2015 (average: 381.9581), the exchange rate shifted by +25.3747 (+6.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 380.9628 | 370.9731 | 374.3992 |
| February | 386.0776 | 376.9628 | 381.7427 |
| March | 396.2305 | 382.5032 | 389.7007 |
| April | 399.1326 | 393.3606 | 396.3881 |
| May | 400.8417 | 387.9520 | 391.5307 |
| June | 407.3201 | 389.8195 | 400.6653 |
| July | 407.8703 | 401.3555 | 404.9344 |
| August | 409.5224 | 404.0991 | 407.3328 |
| September | 408.6847 | 402.4625 | 405.0780 |
| October | 404.3067 | 395.2586 | 398.9931 |
| November | 399.0146 | 383.5960 | 391.3212 |
| December | 387.5851 | 379.6089 | 383.2436 |