2016 SHP to NAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SHP to NAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SHP to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 24.2264. Conversely, the yearly low was recorded on November 8, dropping to 16.4939.
This high-to-low spread represents a total annual volatility of 7.7325 NAD. From a start-to-finish perspective, comparing the January average rate of 23.4368 to the December average rate of 17.3041, the exchange rate registered a net change of -26.17% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 24.2264 was up 0.41% compared to the 2015 peak of 24.1287, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SHP to NAD 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 22.0789, compared to 17.8964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1825 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 2.8679 NAD (High: 22.5453 / Low: 19.6774). On the other end, July was the most stable month, with a tight range of 0.9718 NAD (High: 19.3985 / Low: 18.4267).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 2.4803 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 23.4368) against the same month in 2015 (average: 17.5333), the exchange rate shifted by +5.9035 (+33.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.2264 | 22.6926 | 23.4368 |
| February | 23.2712 | 21.3907 | 22.6053 |
| March | 22.4210 | 21.2772 | 21.9164 |
| April | 21.4153 | 20.4184 | 20.8981 |
| May | 23.0945 | 20.7084 | 22.2047 |
| June | 22.5453 | 19.6774 | 21.4122 |
| July | 19.3985 | 18.4267 | 18.9319 |
| August | 19.1770 | 17.2115 | 18.0172 |
| September | 19.3914 | 17.6260 | 18.5027 |
| October | 17.8905 | 16.5973 | 17.2065 |
| November | 18.0279 | 16.4939 | 17.4161 |
| December | 17.7620 | 16.7106 | 17.3041 |