YEARLY HIGH
0.0290 NOK
YEARLY LOW
0.0224 NOK
YEARLY AVERAGE
0.0240 NOK

2016 MRO to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MRO to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0290. Conversely, the yearly low was recorded on October 3, dropping to 0.0224.

This high-to-low spread represents a total annual volatility of 0.0065 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0264 to the December average rate of 0.0239, the exchange rate registered a net change of -9.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0290 was down 0.66% compared to the 2015 peak of 0.0292, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 145 NOK
2015 Average 131 NOK
Yearly Trough Low 112 NOK
Transaction Impact: A difference of 32.71 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0267
0.0226
JanuMarcMayJulySeptNove

MRO 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 0.0245, compared to 0.0235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0245
H2 Avg (Jul–Dec) 0.0235

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0039 NOK (High: 0.0290 / Low: 0.0251). On the other end, May was the most stable month, with a tight range of 0.0007 NOK (High: 0.0238 / Low: 0.0230).

January Spread (Volatile) ±0.0039
May Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between October and December, 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 January and February, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0264) against the same month in 2015 (average: 0.0263), the exchange rate shifted by +0.0000 (+0.16%).

2016 Avg (January) 0.0264
2015 Avg (January) 0.0263

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0290 0.0251 0.0264
February 0.0260 0.0249 0.0252
March 0.0252 0.0242 0.0246
April 0.0243 0.0233 0.0238
May 0.0238 0.0230 0.0234
June 0.0240 0.0228 0.0233
July 0.0241 0.0234 0.0239
August 0.0240 0.0230 0.0234
September 0.0235 0.0225 0.0231
October 0.0232 0.0224 0.0229
November 0.0240 0.0228 0.0236
December 0.0243 0.0234 0.0239