YEARLY HIGH
1651.3688 IDR
YEARLY LOW
1531.8681 IDR
YEARLY AVERAGE
1584.4163 IDR

2016 NOK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 1651.3688. Conversely, the yearly low was recorded on July 28, dropping to 1531.8681.

This high-to-low spread represents a total annual volatility of 119.5007 IDR. From a start-to-finish perspective, comparing the January average rate of 1574.2772 to the December average rate of 1564.9161, the exchange rate registered a net change of -0.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1651.3688 was down 7.58% compared to the 2015 peak of 1786.7559, 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 8,256,844 IDR
2015 Average 8,307,802 IDR
Yearly Trough Low 7,659,341 IDR
Transaction Impact: A difference of 597,503.30 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1638.1924
1540.9690
JanuMarcMayJulySeptNove

NOK to IDR 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 1590.0770, compared to 1578.7556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.3213 points.

H1 Avg (Jan–Jun) 1590.0770
H2 Avg (Jul–Dec) 1578.7556

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 90.1155 IDR (High: 1651.3688 / Low: 1561.2533). On the other end, May was the most stable month, with a tight range of 20.3595 IDR (High: 1640.8426 / Low: 1620.4831).

June Spread (Volatile) ±90.1155
May Spread (Stable) ±20.3595

Growth Streaks & Declines

Trends

Between 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 59.9440 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -59.9440

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 1609.0150) against the same month in 2015 (average: 1704.2997), the exchange rate shifted by -95.2848 (-5.59%).

2016 Avg (June) 1609.0150
2015 Avg (June) 1704.2997

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1605.5485 1553.2137 1574.2772
February 1600.5910 1537.7518 1571.0065
March 1596.3235 1536.0218 1555.0429
April 1636.1353 1579.2615 1601.0296
May 1640.8426 1620.4831 1630.0905
June 1651.3688 1561.2533 1609.0150
July 1581.1126 1531.8681 1549.0710
August 1611.7516 1542.1621 1584.4098
September 1627.2946 1583.0454 1597.3720
October 1631.0122 1572.1192 1595.4209
November 1603.0447 1558.8261 1581.3440
December 1608.7716 1541.1459 1564.9161