YEARLY HIGH
0.1571 HRK
YEARLY LOW
0.0851 HRK
YEARLY AVERAGE
0.1126 HRK

2016 MZN to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.1571. Conversely, the yearly low was recorded on October 3, dropping to 0.0851.

This high-to-low spread represents a total annual volatility of 0.0719 HRK. From a start-to-finish perspective, comparing the January average rate of 0.1522 to the December average rate of 0.0981, the exchange rate registered a net change of -35.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1571 was down 26.82% compared to the 2015 peak of 0.2146, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 785 HRK
2015 Average 894 HRK
Yearly Trough Low 426 HRK
Transaction Impact: A difference of 359.65 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1586
0.0811
JanuMarcMayJulySeptNove

MZN 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 0.1315, compared to 0.0938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0377 points.

H1 Avg (Jan–Jun) 0.1315
H2 Avg (Jul–Dec) 0.0938

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0200 HRK (High: 0.1570 / Low: 0.1370). On the other end, October was the most stable month, with a tight range of 0.0039 HRK (High: 0.0890 / Low: 0.0851).

February Spread (Volatile) ±0.0200
October Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0106 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1522) against the same month in 2015 (average: 0.2020), the exchange rate shifted by -0.0499 (-24.68%).

2016 Avg (January) 0.1522
2015 Avg (January) 0.2020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1571 0.1479 0.1522
February 0.1570 0.1370 0.1424
March 0.1438 0.1288 0.1355
April 0.1307 0.1230 0.1272
May 0.1226 0.1173 0.1210
June 0.1154 0.1066 0.1104
July 0.1065 0.0979 0.1033
August 0.0978 0.0913 0.0942
September 0.0918 0.0862 0.0881
October 0.0890 0.0851 0.0876
November 0.0955 0.0876 0.0914
December 0.1009 0.0949 0.0981