2016 FKP to HNL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 FKP to HNL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the FKP to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 34.0063. Conversely, the yearly low was recorded on October 30, dropping to 27.7078.
This high-to-low spread represents a total annual volatility of 6.2986 HNL. From a start-to-finish perspective, comparing the January average rate of 32.3110 to the December average rate of 29.1020, the exchange rate registered a net change of -9.93% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 34.0063 was down 1.95% compared to the 2015 peak of 34.6833, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
FKP 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 32.3578, compared to 29.3213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0364 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 3.9899 HNL (High: 34.0063 / Low: 30.0164). On the other end, May was the most stable month, with a tight range of 0.8736 HNL (High: 33.2535 / Low: 32.3799).
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 June and July, when the average rate fell by 2.2794 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 32.2377) against the same month in 2015 (average: 34.0274), the exchange rate shifted by -1.7897 (-5.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 32.8985 | 31.7649 | 32.3110 |
| February | 32.8667 | 31.3557 | 32.2997 |
| March | 32.7124 | 31.5932 | 32.2444 |
| April | 32.9632 | 31.7351 | 32.2830 |
| May | 33.2535 | 32.3799 | 32.7709 |
| June | 34.0063 | 30.0164 | 32.2377 |
| July | 30.4285 | 29.3433 | 29.9582 |
| August | 30.4478 | 29.4189 | 29.9191 |
| September | 30.6672 | 29.5222 | 30.0378 |
| October | 29.7514 | 27.7078 | 28.2309 |
| November | 29.0788 | 27.8362 | 28.6800 |
| December | 29.6252 | 28.5333 | 29.1020 |