YEARLY HIGH
1.2692 NOK
YEARLY LOW
1.1898 NOK
YEARLY AVERAGE
1.2342 NOK

2016 HRK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HRK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 1.2692. Conversely, the yearly low was recorded on December 3, dropping to 1.1898.

This high-to-low spread represents a total annual volatility of 0.0794 NOK. From a start-to-finish perspective, comparing the January average rate of 1.2504 to the December average rate of 1.1986, the exchange rate registered a net change of -4.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.2692 was up 0.96% compared to the 2015 peak of 1.2572, 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 6,346 NOK
2015 Average 5,879 NOK
Yearly Trough Low 5,949 NOK
Transaction Impact: A difference of 397.06 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.2572
1.1932
JanuMarcMayJulySeptNove

HRK 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 1.2461, compared to 1.2224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0237 points.

H1 Avg (Jan–Jun) 1.2461
H2 Avg (Jul–Dec) 1.2224

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.0499 NOK (High: 1.2465 / Low: 1.1967). On the other end, December was the most stable month, with a tight range of 0.0175 NOK (High: 1.2073 / Low: 1.1898).

September Spread (Volatile) ±0.0499
December Spread (Stable) ±0.0175

Growth Streaks & Declines

Trends

Between May and July, 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 0.0279 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0279

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.2504) against the same month in 2015 (average: 1.1605), the exchange rate shifted by +0.0899 (+7.75%).

2016 Avg (January) 1.2504
2015 Avg (January) 1.1605

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2692 1.2276 1.2504
February 1.2676 1.2336 1.2514
March 1.2614 1.2307 1.2479
April 1.2627 1.2251 1.2444
May 1.2502 1.2288 1.2411
June 1.2533 1.2256 1.2413
July 1.2665 1.2315 1.2519
August 1.2673 1.2252 1.2442
September 1.2465 1.1967 1.2290
October 1.2105 1.1906 1.2011
November 1.2178 1.1988 1.2095
December 1.2073 1.1898 1.1986