YEARLY HIGH
35.1457 HUF
YEARLY LOW
32.0833 HUF
YEARLY AVERAGE
33.5106 HUF

2016 NOK to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 35.1457. Conversely, the yearly low was recorded on February 14, dropping to 32.0833.

This high-to-low spread represents a total annual volatility of 3.0624 HUF. From a start-to-finish perspective, comparing the January average rate of 32.8351 to the December average rate of 34.5451, the exchange rate registered a net change of 5.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 35.1457 was down 4.46% compared to the 2015 peak of 36.7877, 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 175,729 HUF
2015 Average 173,346 HUF
Yearly Trough Low 160,416 HUF
Transaction Impact: A difference of 15,312.20 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

34.7536
32.2517
JanuMarcMayJulySeptNove

NOK to HUF 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 33.1886, compared to 33.8326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6440 points.

H1 Avg (Jan–Jun) 33.1886
H2 Avg (Jul–Dec) 33.8326

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 1.2741 HUF (High: 34.2273 / Low: 32.9532). On the other end, March was the most stable month, with a tight range of 0.6217 HUF (High: 33.3772 / Low: 32.7555).

July Spread (Volatile) ±1.2741
March Spread (Stable) ±0.6217

Growth Streaks & Declines

Trends

Between February and May, 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 January and February, when the average rate fell by 0.3749 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3749

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 34.5451) against the same month in 2015 (average: 33.2500), the exchange rate shifted by +1.2951 (+3.89%).

2016 Avg (December) 34.5451
2015 Avg (December) 33.2500

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.2366 32.4617 32.8351
February 32.8589 32.0833 32.4602
March 33.3772 32.7555 32.9966
April 33.8101 32.9378 33.4100
May 34.0691 33.4445 33.8027
June 33.9827 33.3288 33.6270
July 34.2273 32.9532 33.5473
August 33.7964 32.8080 33.3245
September 34.3616 33.2096 33.5116
October 34.3811 33.6058 34.0853
November 34.5870 33.5820 33.9821
December 35.1457 33.9106 34.5451