YEARLY HIGH
11.7453 MZN
YEARLY LOW
6.3666 MZN
YEARLY AVERAGE
9.1999 MZN

2016 HRK to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HRK to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 11.7453. Conversely, the yearly low was recorded on January 31, dropping to 6.3666.

This high-to-low spread represents a total annual volatility of 5.3787 MZN. From a start-to-finish perspective, comparing the January average rate of 6.5733 to the December average rate of 10.1954, the exchange rate registered a net change of 55.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.7453 was up 59.01% compared to the 2015 peak of 7.3866, 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 58,726 MZN
2015 Average 28,316 MZN
Yearly Trough Low 31,833 MZN
Transaction Impact: A difference of 26,893.44 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.9082
6.0883
JanuMarcMayJulySeptNove

HRK to MZN 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 7.6950, compared to 10.7048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0098 points.

H1 Avg (Jan–Jun) 7.6950
H2 Avg (Jul–Dec) 10.7048

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.9407 MZN (High: 11.4149 / Low: 10.4742). On the other end, May was the most stable month, with a tight range of 0.3637 MZN (High: 8.5222 / Low: 8.1585).

November Spread (Volatile) ±0.9407
May Spread (Stable) ±0.3637

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.7496 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.7496

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 11.4232) against the same month in 2015 (average: 6.2623), the exchange rate shifted by +5.1609 (+82.41%).

2016 Avg (October) 11.4232
2015 Avg (October) 6.2623

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.7599 6.3666 6.5733
February 7.3007 6.3698 7.0247
March 7.7618 6.9554 7.3851
April 8.1278 7.6495 7.8642
May 8.5222 8.1585 8.2635
June 9.3827 8.6672 9.0592
July 10.2149 9.3885 9.6893
August 10.9513 10.2203 10.6228
September 11.6007 10.8938 11.3530
October 11.7453 11.2299 11.4232
November 11.4149 10.4742 10.9450
December 10.5428 9.9148 10.1954