2016 HRK to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
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.
Comparing the value generated converting 5,000 HRK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 115.4354 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |