2016 AZN to HNL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 AZN to HNL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the AZN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 15.2350. Conversely, the yearly low was recorded on December 29, dropping to 12.9267.
This high-to-low spread represents a total annual volatility of 2.3083 HNL. From a start-to-finish perspective, comparing the January average rate of 14.1619 to the December average rate of 13.1637, the exchange rate registered a net change of -7.05% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 15.2350 was down 43.70% compared to the 2015 peak of 27.0606, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
AZN to HNL 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 14.5517, compared to 13.8844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6673 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 1.0182 HNL (High: 14.6044 / Low: 13.5861). On the other end, April was the most stable month, with a tight range of 0.2752 HNL (High: 15.0413 / Low: 14.7661).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6244 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 15.0540) against the same month in 2015 (average: 20.9037), the exchange rate shifted by -5.8497 (-27.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.3296 | 13.8510 | 14.1619 |
| February | 14.4975 | 13.9070 | 14.2771 |
| March | 14.6044 | 13.5861 | 14.0054 |
| April | 15.0413 | 14.7661 | 14.8817 |
| May | 15.2350 | 14.9335 | 15.0540 |
| June | 15.2037 | 14.6383 | 14.9303 |
| July | 14.7027 | 14.1938 | 14.5402 |
| August | 14.2961 | 13.8225 | 14.0714 |
| September | 14.0585 | 13.7753 | 13.8988 |
| October | 14.3117 | 13.7371 | 14.1285 |
| November | 13.8156 | 13.3085 | 13.5041 |
| December | 13.3360 | 12.9267 | 13.1637 |