YEARLY HIGH
0.1183 HKD
YEARLY LOW
0.1116 HKD
YEARLY AVERAGE
0.1145 HKD

2016 AFN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 0.1183. Conversely, the yearly low was recorded on June 15, dropping to 0.1116.

This high-to-low spread represents a total annual volatility of 0.0067 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1134 to the December average rate of 0.1168, the exchange rate registered a net change of 2.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1183 was down 12.82% compared to the 2015 peak of 0.1357, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 591 HKD
2015 Average 635 HKD
Yearly Trough Low 558 HKD
Transaction Impact: A difference of 33.51 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1183
0.1118
JanuMarcMayJulySeptNove

AFN to HKD 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 0.1131, compared to 0.1160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.1131
H2 Avg (Jul–Dec) 0.1160

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0053 HKD (High: 0.1183 / Low: 0.1130). On the other end, April was the most stable month, with a tight range of 0.0006 HKD (High: 0.1135 / Low: 0.1129).

August Spread (Volatile) ±0.0053
April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.1153) against the same month in 2015 (average: 0.1229), the exchange rate shifted by -0.0076 (-6.17%).

2016 Avg (August) 0.1153
2015 Avg (August) 0.1229

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1140 0.1129 0.1134
February 0.1139 0.1119 0.1130
March 0.1138 0.1130 0.1133
April 0.1135 0.1129 0.1133
May 0.1135 0.1128 0.1131
June 0.1136 0.1116 0.1123
July 0.1133 0.1125 0.1129
August 0.1183 0.1130 0.1153
September 0.1182 0.1145 0.1163
October 0.1182 0.1175 0.1178
November 0.1178 0.1160 0.1169
December 0.1179 0.1163 0.1168