YEARLY HIGH
0.0706 HRK
YEARLY LOW
0.0674 HRK
YEARLY AVERAGE
0.0683 HRK

2016 CVE to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0706. Conversely, the yearly low was recorded on June 5, dropping to 0.0674.

This high-to-low spread represents a total annual volatility of 0.0032 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0694 to the December average rate of 0.0684, the exchange rate registered a net change of -1.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0706 was up 0.19% compared to the 2015 peak of 0.0704, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 353 HRK
2015 Average 345 HRK
Yearly Trough Low 337 HRK
Transaction Impact: A difference of 15.84 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0696
0.0677
JanuMarcMayJulySeptNove

CVE to HRK 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 0.0685, compared to 0.0680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0685
H2 Avg (Jul–Dec) 0.0680

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0029 HRK (High: 0.0706 / Low: 0.0677). On the other end, February was the most stable month, with a tight range of 0.0005 HRK (High: 0.0694 / Low: 0.0689).

December Spread (Volatile) ±0.0029
February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, 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 (December 2016: 0.0684) against the same month in 2015 (average: 0.0693), the exchange rate shifted by -0.0009 (-1.37%).

2016 Avg (December) 0.0684
2015 Avg (December) 0.0693

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0697 0.0691 0.0694
February 0.0694 0.0689 0.0692
March 0.0690 0.0676 0.0684
April 0.0688 0.0677 0.0680
May 0.0686 0.0678 0.0682
June 0.0687 0.0674 0.0681
July 0.0684 0.0677 0.0679
August 0.0683 0.0676 0.0679
September 0.0684 0.0677 0.0680
October 0.0683 0.0677 0.0680
November 0.0685 0.0679 0.0682
December 0.0706 0.0677 0.0684