YEARLY HIGH
29.4082 NOK
YEARLY LOW
26.4756 NOK
YEARLY AVERAGE
27.7924 NOK

2016 KWD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KWD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 29.4082. Conversely, the yearly low was recorded on October 3, dropping to 26.4756.

This high-to-low spread represents a total annual volatility of 2.9327 NOK. From a start-to-finish perspective, comparing the January average rate of 28.9784 to the December average rate of 28.0586, the exchange rate registered a net change of -3.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 29.4082 was up 0.99% compared to the 2015 peak of 29.1189, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 147,041 NOK
2015 Average 133,960 NOK
Yearly Trough Low 132,378 NOK
Transaction Impact: A difference of 14,663.39 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

29.1772
26.7921
JanuMarcMayJulySeptNove

KWD 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 27.9839, compared to 27.6010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3829 points.

H1 Avg (Jan–Jun) 27.9839
H2 Avg (Jul–Dec) 27.6010

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 1.3647 NOK (High: 28.8173 / Low: 27.4526). On the other end, February was the most stable month, with a tight range of 0.5467 NOK (High: 28.9200 / Low: 28.3733).

March Spread (Volatile) ±1.3647
February Spread (Stable) ±0.5467

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 0.8490 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8490

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 28.9784) against the same month in 2015 (average: 26.0621), the exchange rate shifted by +2.9164 (+11.19%).

2016 Avg (January) 28.9784
2015 Avg (January) 26.0621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.4082 28.4299 28.9784
February 28.9200 28.3733 28.6936
March 28.8173 27.4526 28.1180
April 27.6147 26.7351 27.2691
May 27.6958 26.6738 27.3144
June 28.2800 26.9223 27.5296
July 28.3481 27.5230 28.0343
August 28.1946 27.1102 27.5437
September 27.6255 26.5209 27.2596
October 27.3076 26.4756 26.9909
November 28.2407 26.9551 27.7189
December 28.4755 27.4242 28.0586