YEARLY HIGH
0.0058 HRK
YEARLY LOW
0.0052 HRK
YEARLY AVERAGE
0.0055 HRK

2016 MMK to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MMK to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 27, valuing the pair at 0.0058. Conversely, the yearly low was recorded on December 22, dropping to 0.0052.

This high-to-low spread represents a total annual volatility of 0.0006 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0054 to the December average rate of 0.0053, the exchange rate registered a net change of -2.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0058 was down 17.32% compared to the 2015 peak of 0.0070, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MMK based on timing:

Yearly Peak High 29 HRK
2015 Average 31 HRK
Yearly Trough Low 26 HRK
Transaction Impact: A difference of 3.02 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0058
0.0053
JanuMarcMayJulySeptNove

MMK to HRK 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 0.0056, compared to 0.0055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0056
H2 Avg (Jul–Dec) 0.0055

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0003 HRK (High: 0.0058 / Low: 0.0055). On the other end, January was the most stable month, with a tight range of 0.0001 HRK (High: 0.0055 / Low: 0.0054).

June Spread (Volatile) ±0.0003
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.0056) against the same month in 2015 (average: 0.0061), the exchange rate shifted by -0.0005 (-8.02%).

2016 Avg (June) 0.0056
2015 Avg (June) 0.0061

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0055 0.0054 0.0054
February 0.0057 0.0054 0.0055
March 0.0057 0.0055 0.0056
April 0.0057 0.0054 0.0056
May 0.0057 0.0056 0.0057
June 0.0058 0.0055 0.0056
July 0.0058 0.0057 0.0057
August 0.0057 0.0055 0.0056
September 0.0056 0.0053 0.0054
October 0.0054 0.0053 0.0053
November 0.0055 0.0053 0.0054
December 0.0054 0.0052 0.0053