YEARLY HIGH
13.0903 NOK
YEARLY LOW
9.9584 NOK
YEARLY AVERAGE
11.3883 NOK

2016 FKP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FKP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 13.0903. Conversely, the yearly low was recorded on October 6, dropping to 9.9584.

This high-to-low spread represents a total annual volatility of 3.1319 NOK. From a start-to-finish perspective, comparing the January average rate of 12.6927 to the December average rate of 10.6942, the exchange rate registered a net change of -15.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 13.0903 was down 1.27% compared to the 2015 peak of 13.2590, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,452 NOK
2015 Average 61,631 NOK
Yearly Trough Low 49,792 NOK
Transaction Impact: A difference of 15,659.70 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

12.9539
9.8193
JanuMarcMayJulySeptNove

FKP 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 12.0980, compared to 10.6787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4194 points.

H1 Avg (Jan–Jun) 12.0980
H2 Avg (Jul–Dec) 10.6787

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 1.0753 NOK (High: 12.2157 / Low: 11.1404). On the other end, April was the most stable month, with a tight range of 0.2884 NOK (High: 11.9120 / Low: 11.6236).

June Spread (Volatile) ±1.0753
April Spread (Stable) ±0.2884

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 September and October, when the average rate fell by 0.7212 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7212

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 12.6927) against the same month in 2015 (average: 11.6268), the exchange rate shifted by +1.0659 (+9.17%).

2016 Avg (January) 12.6927
2015 Avg (January) 11.6268

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.0903 12.3563 12.6927
February 12.5539 12.0383 12.3133
March 12.2016 11.9070 12.0768
April 11.9120 11.6236 11.7665
May 12.2470 11.7573 11.9506
June 12.2157 11.1404 11.7883
July 11.2991 10.8637 11.1367
August 11.2702 10.5863 10.8725
September 11.0643 10.3732 10.8017
October 10.3718 9.9584 10.0805
November 10.7142 10.0693 10.4865
December 10.8459 10.5550 10.6942