YEARLY HIGH
4635.3778 IRR
YEARLY LOW
4145.9312 IRR
YEARLY AVERAGE
4431.9369 IRR

2016 HRK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HRK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 4635.3778. Conversely, the yearly low was recorded on December 28, dropping to 4145.9312.

This high-to-low spread represents a total annual volatility of 489.4466 IRR. From a start-to-finish perspective, comparing the January average rate of 4257.5812 to the December average rate of 4205.4191, the exchange rate registered a net change of -1.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 4635.3778 was up 1.57% compared to the 2015 peak of 4563.9074, 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 23,176,889 IRR
2015 Average 21,114,321 IRR
Yearly Trough Low 20,729,656 IRR
Transaction Impact: A difference of 2,447,233.12 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

4610.2797
4168.6136
JanuMarcMayJulySeptNove

HRK to IRR 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 4461.9087, compared to 4401.9650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 59.9437 points.

H1 Avg (Jan–Jun) 4461.9087
H2 Avg (Jul–Dec) 4401.9650

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 252.3688 IRR (High: 4568.1804 / Low: 4315.8115). On the other end, September was the most stable month, with a tight range of 56.1663 IRR (High: 4527.3469 / Low: 4471.1806).

March Spread (Volatile) ±252.3688
September Spread (Stable) ±56.1663

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 November and December, when the average rate fell by 115.4354 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -115.4354

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 4561.8352) against the same month in 2015 (average: 4193.0081), the exchange rate shifted by +368.8271 (+8.80%).

2016 Avg (May) 4561.8352
2015 Avg (May) 4193.0081

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4286.7682 4222.4962 4257.5812
February 4469.0662 4258.8845 4388.3405
March 4568.1804 4315.8115 4455.0334
April 4610.2624 4535.6244 4573.4742
May 4635.3778 4493.9703 4561.8352
June 4595.6427 4441.8028 4535.1878
July 4510.9473 4418.4979 4456.3094
August 4555.1369 4459.9783 4504.8144
September 4527.3469 4471.1806 4499.5110
October 4501.1362 4358.3729 4424.8818
November 4461.3437 4221.0001 4320.8545
December 4294.2626 4145.9312 4205.4191