2016 HRK to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 HRK to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the HRK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 121.2406. Conversely, the yearly low was recorded on January 6, dropping to 105.3824.
This high-to-low spread represents a total annual volatility of 15.8581 RWF. From a start-to-finish perspective, comparing the January average rate of 106.2815 to the December average rate of 115.3957, the exchange rate registered a net change of 8.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 121.2406 was up 9.91% compared to the 2015 peak of 110.3137, 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 RWF 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 111.9219, compared to 117.3333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.4114 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 10.6684 RWF (High: 119.7679 / Low: 109.0995). On the other end, January was the most stable month, with a tight range of 1.6635 RWF (High: 107.0459 / Low: 105.3824).
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 1.8724 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2016: 118.6172) against the same month in 2015 (average: 107.5211), the exchange rate shifted by +11.0961 (+10.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 107.0459 | 105.3824 | 106.2815 |
| February | 111.6518 | 106.2527 | 109.6619 |
| March | 114.2133 | 109.1333 | 111.7026 |
| April | 117.0033 | 113.4212 | 115.1832 |
| May | 116.7435 | 110.7013 | 114.6748 |
| June | 119.7679 | 109.0995 | 114.0276 |
| July | 116.8202 | 111.3678 | 114.0651 |
| August | 121.0774 | 116.8596 | 118.8092 |
| September | 120.7049 | 118.8019 | 119.8448 |
| October | 121.2406 | 116.1397 | 118.6172 |
| November | 120.8954 | 114.6014 | 117.2681 |
| December | 116.8799 | 113.6002 | 115.3957 |