2016 KWD to HRK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 KWD to HRK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the KWD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 23.7050. Conversely, the yearly low was recorded on May 2, dropping to 21.6884.
This high-to-low spread represents a total annual volatility of 2.0166 HRK. From a start-to-finish perspective, comparing the January average rate of 23.1764 to the December average rate of 23.4094, the exchange rate registered a net change of 1.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 23.7050 was down 2.08% compared to the 2015 peak of 24.2089, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
KWD to HRK 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 22.4569, compared to 22.5849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1280 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 1.3725 HRK (High: 23.2917 / Low: 21.9192). On the other end, September was the most stable month, with a tight range of 0.2560 HRK (High: 22.3167 / Low: 22.0607).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.6202 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 23.4094) against the same month in 2015 (average: 23.0843), the exchange rate shifted by +0.3252 (+1.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.3340 | 23.0245 | 23.1764 |
| February | 23.2687 | 22.6343 | 22.9302 |
| March | 23.2917 | 21.9192 | 22.5345 |
| April | 22.0933 | 21.7609 | 21.9144 |
| May | 22.3076 | 21.6884 | 22.0085 |
| June | 22.5762 | 21.8316 | 22.1775 |
| July | 22.5050 | 22.1445 | 22.3937 |
| August | 22.3366 | 21.9086 | 22.1374 |
| September | 22.3167 | 22.0607 | 22.1797 |
| October | 22.8150 | 22.1439 | 22.4718 |
| November | 23.3597 | 22.2920 | 22.9173 |
| December | 23.7050 | 22.9684 | 23.4094 |