Disclosed are various embodiments of interpolation circuits for use in conjunction with motion encoders. The analog output signals provided by incremental or absolute motion encoders are provided to an interpolation circuit, which is capable of providing high interpolation factor output signals having high timing accuracy. Problems with noise spikes common to zero-hysteresis comparators typically employed in interpolation circuits are eliminated, as are problems with time delays differing between comparators that do feature hysteresis. The disclosed interpolation circuits may be implemented using CMOS processes without undue effort.