YEARLY HIGH
0.0312 NOK
YEARLY LOW
0.0285 NOK
YEARLY AVERAGE
0.0299 NOK

2016 HUF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HUF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0312. Conversely, the yearly low was recorded on December 11, dropping to 0.0285.

This high-to-low spread represents a total annual volatility of 0.0027 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0305 to the December average rate of 0.0290, the exchange rate registered a net change of -4.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0312 was up 1.87% compared to the 2015 peak of 0.0306, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31,169 NOK
2015 Average 28,870 NOK
Yearly Trough Low 28,453 NOK
Transaction Impact: A difference of 2,715.92 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0310
0.0288
JanuMarcMayJulySeptNove

HUF 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 0.0301, compared to 0.0296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0301
H2 Avg (Jul–Dec) 0.0296

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0011 NOK (High: 0.0303 / Low: 0.0292). On the other end, May was the most stable month, with a tight range of 0.0005 NOK (High: 0.0299 / Low: 0.0294).

July Spread (Volatile) ±0.0011
May Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0308) against the same month in 2015 (average: 0.0281), the exchange rate shifted by +0.0027 (+9.54%).

2016 Avg (February) 0.0308
2015 Avg (February) 0.0281

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0308 0.0301 0.0305
February 0.0312 0.0304 0.0308
March 0.0305 0.0300 0.0303
April 0.0304 0.0296 0.0299
May 0.0299 0.0294 0.0296
June 0.0300 0.0294 0.0297
July 0.0303 0.0292 0.0298
August 0.0305 0.0296 0.0300
September 0.0301 0.0291 0.0298
October 0.0298 0.0291 0.0293
November 0.0298 0.0289 0.0294
December 0.0295 0.0285 0.0290