YEARLY HIGH
2.8685 HNL
YEARLY LOW
2.4987 HNL
YEARLY AVERAGE
2.7118 HNL

2016 NOK to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 2.8685. Conversely, the yearly low was recorded on January 6, dropping to 2.4987.

This high-to-low spread represents a total annual volatility of 0.3698 HNL. From a start-to-finish perspective, comparing the January average rate of 2.5462 to the December average rate of 2.7214, the exchange rate registered a net change of 6.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.8685 was down 4.38% compared to the 2015 peak of 2.9998, 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 14,342 HNL
2015 Average 13,473 HNL
Yearly Trough Low 12,493 HNL
Transaction Impact: A difference of 1,849.04 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.8258
2.5208
JanuMarcMayJulySeptNove

NOK to HNL 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 2.6766, compared to 2.7469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0702 points.

H1 Avg (Jan–Jun) 2.6766
H2 Avg (Jul–Dec) 2.7469

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1416 HNL (High: 2.7989 / Low: 2.6573). On the other end, February was the most stable month, with a tight range of 0.0562 HNL (High: 2.6414 / Low: 2.5852).

June Spread (Volatile) ±0.1416
February Spread (Stable) ±0.0562

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 0.0648 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0648

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 2.8004) against the same month in 2015 (average: 2.6558), the exchange rate shifted by +0.1446 (+5.44%).

2016 Avg (October) 2.8004
2015 Avg (October) 2.6558

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6062 2.4987 2.5462
February 2.6414 2.5852 2.6231
March 2.7258 2.6117 2.6700
April 2.7985 2.7116 2.7436
May 2.8148 2.7051 2.7426
June 2.7989 2.6573 2.7343
July 2.7391 2.6575 2.6901
August 2.7917 2.6827 2.7524
September 2.8600 2.7430 2.7813
October 2.8685 2.7484 2.8004
November 2.8121 2.6837 2.7356
December 2.7734 2.6800 2.7214