2016 NOK to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NOK to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NOK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 84.2249. Conversely, the yearly low was recorded on July 23, dropping to 76.2221.
This high-to-low spread represents a total annual volatility of 8.0028 CLP. From a start-to-finish perspective, comparing the January average rate of 81.8460 to the December average rate of 77.8289, the exchange rate registered a net change of -4.91% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 84.2249 was down 1.71% compared to the 2015 peak of 85.6909, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NOK to CLP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 81.6635, compared to 79.4711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1924 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 4.7600 CLP (High: 83.7712 / Low: 79.0112). On the other end, September was the most stable month, with a tight range of 1.5929 CLP (High: 82.3134 / Low: 80.7205).
Growth Streaks & Declines
TrendsBetween March and May, 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 June and July, when the average rate fell by 4.3456 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 82.7866) against the same month in 2015 (average: 80.4402), the exchange rate shifted by +2.3464 (+2.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 82.9452 | 79.9273 | 81.8460 |
| February | 83.5350 | 79.7229 | 81.6735 |
| March | 81.1867 | 79.4247 | 80.2761 |
| April | 83.0527 | 80.1740 | 81.4134 |
| May | 84.2249 | 81.1664 | 82.7866 |
| June | 83.7712 | 79.0112 | 81.9855 |
| July | 79.3502 | 76.2221 | 77.6399 |
| August | 81.5957 | 77.2269 | 79.4473 |
| September | 82.3134 | 80.7205 | 81.4125 |
| October | 82.9003 | 78.6966 | 81.2590 |
| November | 80.3546 | 78.5780 | 79.2391 |
| December | 79.9378 | 76.6985 | 77.8289 |