YEARLY HIGH
0.0135 NOK
YEARLY LOW
0.0111 NOK
YEARLY AVERAGE
0.0118 NOK

2016 MWK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MWK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0135. Conversely, the yearly low was recorded on October 3, dropping to 0.0111.

This high-to-low spread represents a total annual volatility of 0.0024 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0128 to the December average rate of 0.0119, the exchange rate registered a net change of -7.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0135 was down 27.58% compared to the 2015 peak of 0.0187, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 68 NOK
2015 Average 82 NOK
Yearly Trough Low 56 NOK
Transaction Impact: A difference of 12.05 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0129
0.0112
JanuMarcMayJulySeptNove

MWK 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 0.0120, compared to 0.0116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0120
H2 Avg (Jul–Dec) 0.0116

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0017 NOK (High: 0.0135 / Low: 0.0118). On the other end, July was the most stable month, with a tight range of 0.0003 NOK (High: 0.0120 / Low: 0.0117).

January Spread (Volatile) ±0.0017
July Spread (Stable) ±0.0003

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: 0.0128) against the same month in 2015 (average: 0.0166), the exchange rate shifted by -0.0038 (-22.95%).

2016 Avg (January) 0.0128
2015 Avg (January) 0.0166

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0135 0.0118 0.0128
February 0.0121 0.0114 0.0116
March 0.0125 0.0116 0.0121
April 0.0123 0.0117 0.0121
May 0.0120 0.0117 0.0118
June 0.0120 0.0115 0.0118
July 0.0120 0.0117 0.0119
August 0.0119 0.0114 0.0116
September 0.0116 0.0111 0.0114
October 0.0115 0.0111 0.0114
November 0.0119 0.0114 0.0117
December 0.0121 0.0116 0.0119