YEARLY HIGH
179.0203 IQD
YEARLY LOW
153.2260 IQD
YEARLY AVERAGE
167.4961 IQD

2016 HRK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HRK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 179.0203. Conversely, the yearly low was recorded on January 24, dropping to 153.2260.

This high-to-low spread represents a total annual volatility of 25.7943 IQD. From a start-to-finish perspective, comparing the January average rate of 154.9733 to the December average rate of 164.4505, the exchange rate registered a net change of 6.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 179.0203 was down 2.47% compared to the 2015 peak of 183.5501, 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 895,102 IQD
2015 Average 849,813 IQD
Yearly Trough Low 766,130 IQD
Transaction Impact: A difference of 128,971.35 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

177.3646
152.9377
JanuMarcMayJulySeptNove

HRK to IQD 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 164.3235, compared to 170.6687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3452 points.

H1 Avg (Jan–Jun) 164.3235
H2 Avg (Jul–Dec) 170.6687

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 10.4909 IQD (High: 176.8007 / Low: 166.3098). On the other end, September was the most stable month, with a tight range of 2.1726 IQD (High: 175.3473 / Low: 173.1748).

May Spread (Volatile) ±10.4909
September Spread (Stable) ±2.1726

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 4.4381 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -4.4381

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 175.3290) against the same month in 2015 (average: 175.5779), the exchange rate shifted by -0.2489 (-0.14%).

2016 Avg (June) 175.3290
2015 Avg (June) 175.5779

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 157.0396 153.2260 154.9733
February 161.1342 154.5852 158.3114
March 164.5225 155.5235 160.4557
April 168.7027 163.7325 165.7651
May 176.8007 166.3098 171.1064
June 179.0203 170.7739 175.3290
July 174.5672 171.7076 172.7367
August 176.5706 173.0864 174.6523
September 175.3473 173.1748 174.2846
October 174.0400 168.8121 171.1631
November 172.0637 162.6431 166.7251
December 166.9142 162.5107 164.4505