YEARLY HIGH
0.0131 NOK
YEARLY LOW
0.0119 NOK
YEARLY AVERAGE
0.0124 NOK

2016 CLP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CLP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 23, valuing the pair at 0.0131. Conversely, the yearly low was recorded on May 16, dropping to 0.0119.

This high-to-low spread represents a total annual volatility of 0.0012 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0122 to the December average rate of 0.0129, the exchange rate registered a net change of 5.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0131 was down 0.60% compared to the 2015 peak of 0.0132, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 13,120 NOK
2015 Average 12,339 NOK
Yearly Trough Low 11,873 NOK
Transaction Impact: A difference of 1,246.58 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0130
0.0120
JanuMarcMayJulySeptNove

CLP to NOK 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 0.0122, compared to 0.0126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0122
H2 Avg (Jul–Dec) 0.0126

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0007 NOK (High: 0.0127 / Low: 0.0119). On the other end, September was the most stable month, with a tight range of 0.0002 NOK (High: 0.0124 / Low: 0.0121).

June Spread (Volatile) ±0.0007
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.0129) against the same month in 2015 (average: 0.0125), the exchange rate shifted by +0.0004 (+3.17%).

2016 Avg (July) 0.0129
2015 Avg (July) 0.0125

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0125 0.0121 0.0122
February 0.0125 0.0120 0.0122
March 0.0126 0.0123 0.0125
April 0.0125 0.0120 0.0123
May 0.0123 0.0119 0.0121
June 0.0127 0.0119 0.0122
July 0.0131 0.0126 0.0129
August 0.0129 0.0123 0.0126
September 0.0124 0.0121 0.0123
October 0.0127 0.0121 0.0123
November 0.0127 0.0124 0.0126
December 0.0130 0.0125 0.0129