YEARLY HIGH
0.0621 NOK
YEARLY LOW
0.0545 NOK
YEARLY AVERAGE
0.0575 NOK

2016 LKR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LKR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0621. Conversely, the yearly low was recorded on October 1, dropping to 0.0545.

This high-to-low spread represents a total annual volatility of 0.0076 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0612 to the December average rate of 0.0575, the exchange rate registered a net change of -6.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0621 was down 0.39% compared to the 2015 peak of 0.0624, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 311 NOK
2015 Average 297 NOK
Yearly Trough Low 272 NOK
Transaction Impact: A difference of 38.17 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0617
0.0550
JanuMarcMayJulySeptNove

LKR 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 0.0581, compared to 0.0569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0581
H2 Avg (Jul–Dec) 0.0569

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0039 NOK (High: 0.0599 / Low: 0.0560). On the other end, February was the most stable month, with a tight range of 0.0011 NOK (High: 0.0604 / Low: 0.0593).

March Spread (Volatile) ±0.0039
February Spread (Stable) ±0.0011

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 March and April, when the average rate fell by 0.0017 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0612) against the same month in 2015 (average: 0.0582), the exchange rate shifted by +0.0029 (+5.02%).

2016 Avg (January) 0.0612
2015 Avg (January) 0.0582

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0621 0.0600 0.0612
February 0.0604 0.0593 0.0597
March 0.0599 0.0560 0.0582
April 0.0576 0.0553 0.0565
May 0.0569 0.0549 0.0562
June 0.0580 0.0555 0.0568
July 0.0587 0.0568 0.0581
August 0.0584 0.0563 0.0571
September 0.0574 0.0545 0.0564
October 0.0562 0.0545 0.0555
November 0.0579 0.0551 0.0568
December 0.0584 0.0563 0.0575