YEARLY HIGH
14.8396 CVE
YEARLY LOW
14.1733 CVE
YEARLY AVERAGE
14.6425 CVE

2016 HRK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HRK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 14.8396. Conversely, the yearly low was recorded on December 28, dropping to 14.1733.

This high-to-low spread represents a total annual volatility of 0.6663 CVE. From a start-to-finish perspective, comparing the January average rate of 14.4016 to the December average rate of 14.6301, the exchange rate registered a net change of 1.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 14.8396 was up 0.75% compared to the 2015 peak of 14.7296, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 74,198 CVE
2015 Average 72,381 CVE
Yearly Trough Low 70,866 CVE
Transaction Impact: A difference of 3,331.66 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

14.7701
14.3681
JanuMarcMayJulySeptNove

HRK to CVE 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 14.5895, compared to 14.6955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1061 points.

H1 Avg (Jan–Jun) 14.5895
H2 Avg (Jul–Dec) 14.6955

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.5986 CVE (High: 14.7718 / Low: 14.1733). On the other end, February was the most stable month, with a tight range of 0.1124 CVE (High: 14.5161 / Low: 14.4036).

December Spread (Volatile) ±0.5986
February Spread (Stable) ±0.1124

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 April and May, when the average rate fell by 0.0491 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0491

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 14.6798) against the same month in 2015 (average: 14.5801), the exchange rate shifted by +0.0997 (+0.68%).

2016 Avg (June) 14.6798
2015 Avg (June) 14.5801

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.4634 14.3388 14.4016
February 14.5161 14.4036 14.4532
March 14.7860 14.4965 14.6207
April 14.7748 14.5449 14.7152
May 14.7539 14.5800 14.6661
June 14.8396 14.5638 14.6798
July 14.7788 14.6225 14.7218
August 14.7971 14.6395 14.7366
September 14.7784 14.6300 14.7146
October 14.7673 14.6443 14.6992
November 14.7351 14.5954 14.6707
December 14.7718 14.1733 14.6301