2016 NOK to HKD Historical Review

YEARLY HIGH

0.9723 HKD

YEARLY LOW

0.8665 HKD

YEARLY AVERAGE

0.9247 HKD

2016 NOK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.9723. Conversely, the yearly low was recorded on January 6, dropping to 0.8665.

This high-to-low spread represents a total annual volatility of 0.1059 HKD. From a start-to-finish perspective, comparing the January average rate of 0.8831 to the December average rate of 0.9052, the exchange rate registered a net change of 2.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9723 was down 8.20% compared to the 2015 peak of 1.0592, 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 4,862 HKD

2015 Average 4,816 HKD

Yearly Trough Low 4,332 HKD

Transaction Impact: A difference of 529.44 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9571

0.8764

JanuMarcMayJulySeptNove

NOK to HKD 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 0.9208, compared to 0.9285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.9208

H2 Avg (Jul–Dec) 0.9285

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0488 HKD (High: 0.9573 / Low: 0.9085). On the other end, February was the most stable month, with a tight range of 0.0189 HKD (High: 0.9130 / Low: 0.8941).

June Spread (Volatile) ±0.0488

February Spread (Stable) ±0.0189

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0292 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0292

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.9504) against the same month in 2015 (average: 0.9373), the exchange rate shifted by +0.0130 (+1.39%).

2016 Avg (October) 0.9504

2015 Avg (October) 0.9373

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9030	0.8665	0.8831
February	0.9130	0.8941	0.9045
March	0.9360	0.8969	0.9166
April	0.9624	0.9309	0.9429
May	0.9667	0.9284	0.9427
June	0.9573	0.9085	0.9352
July	0.9345	0.9049	0.9162
August	0.9492	0.9114	0.9340
September	0.9702	0.9307	0.9442
October	0.9723	0.9371	0.9504
November	0.9503	0.9016	0.9212
December	0.9275	0.8901	0.9052