2016 HRK to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 HRK to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the HRK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 252.7583. Conversely, the yearly low was recorded on January 24, dropping to 218.6028.
This high-to-low spread represents a total annual volatility of 34.1555 BIF. From a start-to-finish perspective, comparing the January average rate of 221.6171 to the December average rate of 234.2842, the exchange rate registered a net change of 5.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 252.7583 was up 2.88% compared to the 2015 peak of 245.6911, 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 BIF 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 231.4312, compared to 243.8045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.3733 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 21.4488 BIF (High: 252.7583 / Low: 231.3095). On the other end, September was the most stable month, with a tight range of 3.7360 BIF (High: 250.5254 / Low: 246.7895).
Growth Streaks & Declines
TrendsBetween 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 5.9321 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 240.0331) against the same month in 2015 (average: 232.1543), the exchange rate shifted by +7.8788 (+3.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 223.6518 | 218.6028 | 221.6171 |
| February | 229.9149 | 222.2420 | 226.8627 |
| March | 236.3763 | 224.3733 | 230.1021 |
| April | 237.5916 | 232.2519 | 235.0129 |
| May | 239.0403 | 231.0492 | 234.9590 |
| June | 252.7583 | 231.3095 | 240.0331 |
| July | 248.1853 | 243.2682 | 245.0859 |
| August | 252.1213 | 246.6874 | 248.9932 |
| September | 250.5254 | 246.7895 | 248.9767 |
| October | 249.6012 | 241.8201 | 245.2707 |
| November | 248.1182 | 234.8032 | 240.2163 |
| December | 239.6864 | 230.3104 | 234.2842 |