YEARLY HIGH
0.0230 HRK
YEARLY LOW
0.0185 HRK
YEARLY AVERAGE
0.0194 HRK

2016 MRO to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MRO to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0230. Conversely, the yearly low was recorded on June 23, dropping to 0.0185.

This high-to-low spread represents a total annual volatility of 0.0044 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0211 to the December average rate of 0.0200, the exchange rate registered a net change of -5.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0230 was down 8.06% compared to the 2015 peak of 0.0250, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 115 HRK
2015 Average 111 HRK
Yearly Trough Low 93 HRK
Transaction Impact: A difference of 22.24 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0213
0.0186
JanuMarcMayJulySeptNove

MRO 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 0.0196, compared to 0.0192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0196
H2 Avg (Jul–Dec) 0.0192

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0026 HRK (High: 0.0230 / Low: 0.0204). On the other end, September was the most stable month, with a tight range of 0.0002 HRK (High: 0.0189 / Low: 0.0187).

January Spread (Volatile) ±0.0026
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between 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 January and February, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0211) against the same month in 2015 (average: 0.0227), the exchange rate shifted by -0.0016 (-7.10%).

2016 Avg (January) 0.0211
2015 Avg (January) 0.0227

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0230 0.0204 0.0211
February 0.0206 0.0197 0.0201
March 0.0204 0.0193 0.0197
April 0.0193 0.0189 0.0191
May 0.0191 0.0186 0.0189
June 0.0192 0.0185 0.0188
July 0.0192 0.0189 0.0191
August 0.0190 0.0186 0.0188
September 0.0189 0.0187 0.0188
October 0.0193 0.0188 0.0191
November 0.0199 0.0189 0.0195
December 0.0202 0.0196 0.0200