2016 HRK to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 HRK to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the HRK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 25.4032. Conversely, the yearly low was recorded on January 5, dropping to 19.0865.
This high-to-low spread represents a total annual volatility of 6.3167 AOA. From a start-to-finish perspective, comparing the January average rate of 21.1454 to the December average rate of 23.1731, the exchange rate registered a net change of 9.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 25.4032 was up 24.48% compared to the 2015 peak of 20.4077, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HRK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
HRK to AOA 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 23.6765, compared to 24.2313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5548 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 3.0910 AOA (High: 22.1775 / Low: 19.0865). On the other end, September was the most stable month, with a tight range of 0.3038 AOA (High: 24.9176 / Low: 24.6138).
Growth Streaks & Declines
TrendsBetween January and May, 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 November and December, when the average rate fell by 0.6170 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 24.9817) against the same month in 2015 (average: 16.1929), the exchange rate shifted by +8.7889 (+54.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.1775 | 19.0865 | 21.1454 |
| February | 23.2775 | 22.0880 | 22.8829 |
| March | 24.2695 | 22.6973 | 23.4711 |
| April | 25.2641 | 24.3391 | 24.7876 |
| May | 25.4032 | 24.5869 | 24.9817 |
| June | 25.1379 | 24.3087 | 24.7905 |
| July | 24.7489 | 24.3210 | 24.4838 |
| August | 25.0824 | 24.5610 | 24.8058 |
| September | 24.9176 | 24.6138 | 24.7702 |
| October | 24.7928 | 23.9894 | 24.3651 |
| November | 24.5762 | 23.2459 | 23.7901 |
| December | 23.6495 | 22.8662 | 23.1731 |