YEARLY HIGH
3.0237 CZK
YEARLY LOW
2.7851 CZK
YEARLY AVERAGE
2.9096 CZK

2016 NOK to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 3.0237. Conversely, the yearly low was recorded on January 11, dropping to 2.7851.

This high-to-low spread represents a total annual volatility of 0.2386 CZK. From a start-to-finish perspective, comparing the January average rate of 2.8230 to the December average rate of 2.9924, the exchange rate registered a net change of 6.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.0237 was down 7.85% compared to the 2015 peak of 3.2813, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,119 CZK
2015 Average 15,271 CZK
Yearly Trough Low 13,925 CZK
Transaction Impact: A difference of 1,193.09 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.0176
2.8053
JanuMarcMayJulySeptNove

NOK to CZK 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 2.8705, compared to 2.9486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0782 points.

H1 Avg (Jan–Jun) 2.8705
H2 Avg (Jul–Dec) 2.9486

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.1100 CZK (High: 3.0084 / Low: 2.8984). On the other end, November was the most stable month, with a tight range of 0.0316 CZK (High: 2.9938 / Low: 2.9622).

September Spread (Volatile) ±0.1100
November Spread (Stable) ±0.0316

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0253 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 2.9999) against the same month in 2015 (average: 2.9218), the exchange rate shifted by +0.0781 (+2.67%).

2016 Avg (October) 2.9999
2015 Avg (October) 2.9218

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8727 2.7851 2.8230
February 2.8596 2.7915 2.8297
March 2.8954 2.8478 2.8689
April 2.9404 2.8500 2.8978
May 2.9307 2.8866 2.9045
June 2.9283 2.8712 2.8990
July 2.9259 2.8550 2.8852
August 2.9471 2.8527 2.9049
September 3.0084 2.8984 2.9347
October 3.0237 2.9787 2.9999
November 2.9938 2.9622 2.9746
December 3.0188 2.9675 2.9924