YEARLY HIGH
1.1541 NOK
YEARLY LOW
1.0284 NOK
YEARLY AVERAGE
1.0821 NOK

2016 HKD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HKD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.1541. Conversely, the yearly low was recorded on October 3, dropping to 1.0284.

This high-to-low spread represents a total annual volatility of 0.1257 NOK. From a start-to-finish perspective, comparing the January average rate of 1.1325 to the December average rate of 1.1049, the exchange rate registered a net change of -2.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1541 was up 1.22% compared to the 2015 peak of 1.1402, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 28,853 NOK
2015 Average 26,012 NOK
Yearly Trough Low 25,711 NOK
Transaction Impact: A difference of 3,142.08 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1405
1.0444
JanuMarcMayJulySeptNove

HKD 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 1.0867, compared to 1.0775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 1.0867
H2 Avg (Jul–Dec) 1.0775

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0569 NOK (High: 1.1092 / Low: 1.0522). On the other end, February was the most stable month, with a tight range of 0.0232 NOK (High: 1.1185 / Low: 1.0953).

November Spread (Volatile) ±0.0569
February Spread (Stable) ±0.0232

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.0304 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.1325) against the same month in 2015 (average: 0.9894), the exchange rate shifted by +0.1432 (+14.47%).

2016 Avg (January) 1.1325
2015 Avg (January) 0.9894

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1541 1.1074 1.1325
February 1.1185 1.0953 1.1056
March 1.1149 1.0684 1.0911
April 1.0743 1.0391 1.0607
May 1.0771 1.0345 1.0609
June 1.1007 1.0446 1.0695
July 1.1051 1.0701 1.0916
August 1.0972 1.0535 1.0709
September 1.0745 1.0307 1.0592
October 1.0671 1.0284 1.0524
November 1.1092 1.0522 1.0859
December 1.1235 1.0781 1.1049