YEARLY HIGH
3.0321 NOK
YEARLY LOW
2.3811 NOK
YEARLY AVERAGE
2.7861 NOK

2016 TRY to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 3.0321. Conversely, the yearly low was recorded on December 5, dropping to 2.3811.

This high-to-low spread represents a total annual volatility of 0.6510 NOK. From a start-to-finish perspective, comparing the January average rate of 2.9360 to the December average rate of 2.4471, the exchange rate registered a net change of -16.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.0321 was down 10.45% compared to the 2015 peak of 3.3860, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 151,606 NOK
2015 Average 148,431 NOK
Yearly Trough Low 119,056 NOK
Transaction Impact: A difference of 32,550.35 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.9873
2.3980
JanuMarcMayJulySeptNove

TRY 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: JanтАУJun) was 2.8908, compared to 2.6814 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.2094 points.

H1 Avg (JanтАУJun) 2.8908
H2 Avg (JulтАУDec) 2.6814

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.1806 NOK (High: 2.9469 / Low: 2.7663). On the other end, March was the most stable month, with a tight range of 0.0439 NOK (High: 2.9582 / Low: 2.9142).

July Spread (Volatile) ┬▒0.1806
March Spread (Stable) ┬▒0.0439

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 0.1112 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.9360) against the same month in 2015 (average: 3.2819), the exchange rate shifted by -0.3459 (-10.54%).

2016 Avg (January) 2.9360
2015 Avg (January) 3.2819

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 3.0321 2.8893 2.9360
February 2.9492 2.8950 2.9220
March 2.9582 2.9142 2.9382
April 2.9591 2.8760 2.9014
May 2.8815 2.7500 2.7996
June 2.9148 2.8016 2.8479
July 2.9469 2.7663 2.8517
August 2.8409 2.7756 2.8052
September 2.8176 2.6659 2.7688
October 2.6940 2.6246 2.6576
November 2.6431 2.4847 2.5580
December 2.4827 2.3811 2.4471