YEARLY HIGH
496.5957 MGA
YEARLY LOW
437.3033 MGA
YEARLY AVERAGE
466.9398 MGA

2016 HRK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HRK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 496.5957. Conversely, the yearly low was recorded on July 29, dropping to 437.3033.

This high-to-low spread represents a total annual volatility of 59.2924 MGA. From a start-to-finish perspective, comparing the January average rate of 455.6792 to the December average rate of 466.2616, the exchange rate registered a net change of 2.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 496.5957 was down 1.22% compared to the 2015 peak of 502.7446, 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 2,482,978 MGA
2015 Average 2,261,025 MGA
Yearly Trough Low 2,186,516 MGA
Transaction Impact: A difference of 296,461.93 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

491.6160
448.7851
JanuMarcMayJulySeptNove

HRK to MGA 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 473.3612, compared to 460.5183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.8429 points.

H1 Avg (Jan–Jun) 473.3612
H2 Avg (Jul–Dec) 460.5183

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 39.9565 MGA (High: 477.2597 / Low: 437.3033). On the other end, January was the most stable month, with a tight range of 5.9275 MGA (High: 458.4989 / Low: 452.5714).

July Spread (Volatile) ±39.9565
January Spread (Stable) ±5.9275

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 June and July, when the average rate fell by 32.9546 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -32.9546

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 488.0467) against the same month in 2015 (average: 471.6152), the exchange rate shifted by +16.4315 (+3.48%).

2016 Avg (June) 488.0467
2015 Avg (June) 471.6152

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 458.4989 452.5714 455.6792
February 470.3892 455.7887 463.2820
March 485.0264 458.1425 472.5656
April 485.3517 477.8822 481.5416
May 484.7872 475.0494 479.0523
June 496.5957 478.1299 488.0467
July 477.2597 437.3033 455.0921
August 460.2888 440.7960 452.3543
September 464.9343 451.2521 456.2124
October 469.9401 463.3083 467.5361
November 473.6410 460.4366 465.6533
December 474.7997 455.5601 466.2616