YEARLY HIGH
7.2411 PHP
YEARLY LOW
6.6207 PHP
YEARLY AVERAGE
6.9785 PHP

2016 HRK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HRK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 7.2411. Conversely, the yearly low was recorded on January 5, dropping to 6.6207.

This high-to-low spread represents a total annual volatility of 0.6204 PHP. From a start-to-finish perspective, comparing the January average rate of 6.7435 to the December average rate of 6.9605, the exchange rate registered a net change of 3.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 7.2411 was up 1.33% compared to the 2015 peak of 7.1463, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36,205 PHP
2015 Average 33,197 PHP
Yearly Trough Low 33,104 PHP
Transaction Impact: A difference of 3,101.80 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

7.1511
6.7064
JanuMarcMayJulySeptNove

HRK to PHP 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 6.9246, compared to 7.0325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1079 points.

H1 Avg (Jan–Jun) 6.9246
H2 Avg (Jul–Dec) 7.0325

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.2996 PHP (High: 7.2411 / Low: 6.9415). On the other end, August was the most stable month, with a tight range of 0.1078 PHP (High: 7.0399 / Low: 6.9321).

September Spread (Volatile) ±0.2996
August Spread (Stable) ±0.1078

Growth Streaks & Declines

Trends

Between June and October, 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 November and December, when the average rate fell by 0.1100 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 7.1113) against the same month in 2015 (average: 6.9230), the exchange rate shifted by +0.1883 (+2.72%).

2016 Avg (September) 7.1113
2015 Avg (September) 6.9230

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.8168 6.6207 6.7435
February 7.0283 6.7725 6.9247
March 6.9596 6.7520 6.8663
April 7.1625 6.9415 7.0108
May 7.2235 6.9256 7.0550
June 7.0262 6.8787 6.9471
July 7.0357 6.8947 6.9555
August 7.0399 6.9321 6.9828
September 7.2411 6.9415 7.1113
October 7.2399 6.9902 7.1141
November 7.1964 7.0037 7.0705
December 7.0899 6.8661 6.9605