YEARLY HIGH
8.9440 HKD
YEARLY LOW
8.0689 HKD
YEARLY AVERAGE
8.5926 HKD

2016 EUR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the EUR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 8.9440. Conversely, the yearly low was recorded on December 20, dropping to 8.0689.

This high-to-low spread represents a total annual volatility of 0.8751 HKD. From a start-to-finish perspective, comparing the January average rate of 8.4537 to the December average rate of 8.1735, the exchange rate registered a net change of -3.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 8.9440 was down 4.26% compared to the 2015 peak of 9.3419, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44,720 HKD
2015 Average 43,026 HKD
Yearly Trough Low 40,345 HKD
Transaction Impact: A difference of 4,375.30 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

8.8580
8.1113
JanuMarcMayJulySeptNove

EUR 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 8.6733, compared to 8.5119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1614 points.

H1 Avg (Jan–Jun) 8.6733
H2 Avg (Jul–Dec) 8.5119

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.4658 HKD (High: 8.6447 / Low: 8.1789). On the other end, September was the most stable month, with a tight range of 0.0940 HKD (High: 8.7419 / Low: 8.6479).

November Spread (Volatile) ±0.4658
September Spread (Stable) ±0.0940

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1941 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1941

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 8.7690) against the same month in 2015 (average: 8.6500), the exchange rate shifted by +0.1190 (+1.38%).

2016 Avg (May) 8.7690
2015 Avg (May) 8.6500

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.5257 8.3346 8.4537
February 8.8190 8.4609 8.6449
March 8.8264 8.4450 8.6470
April 8.8827 8.7085 8.7958
May 8.9440 8.6321 8.7690
June 8.8482 8.5511 8.7297
July 8.6700 8.5092 8.5861
August 8.7980 8.5978 8.6890
September 8.7419 8.6479 8.6952
October 8.7170 8.4363 8.5601
November 8.6447 8.1789 8.3676
December 8.3439 8.0689 8.1735