YEARLY HIGH
15.2817 ISK
YEARLY LOW
13.0318 ISK
YEARLY AVERAGE
14.3789 ISK

2016 NOK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 15.2817. Conversely, the yearly low was recorded on December 27, dropping to 13.0318.

This high-to-low spread represents a total annual volatility of 2.2500 ISK. From a start-to-finish perspective, comparing the January average rate of 14.7503 to the December average rate of 13.1370, the exchange rate registered a net change of -10.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 15.2817 was down 14.38% compared to the 2015 peak of 17.8492, 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 76,409 ISK
2015 Average 81,931 ISK
Yearly Trough Low 65,159 ISK
Transaction Impact: A difference of 11,249.80 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

15.2568
12.9443
JanuMarcMayJulySeptNove

NOK to ISK 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 14.9176, compared to 13.8403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0773 points.

H1 Avg (Jan–Jun) 14.9176
H2 Avg (Jul–Dec) 13.8403

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.6878 ISK (High: 14.7491 / Low: 14.0613). On the other end, December was the most stable month, with a tight range of 0.2406 ISK (High: 13.2724 / Low: 13.0318).

July Spread (Volatile) ±0.6878
December Spread (Stable) ±0.2406

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 0.6462 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6462

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 15.0641) against the same month in 2015 (average: 17.2306), the exchange rate shifted by -2.1665 (-12.57%).

2016 Avg (April) 15.0641
2015 Avg (April) 17.2306

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.0163 14.5538 14.7503
February 14.9983 14.7442 14.8751
March 15.1476 14.7922 14.9504
April 15.2817 14.7744 15.0641
May 15.1957 14.9090 15.0100
June 15.0906 14.6579 14.8556
July 14.7491 14.0613 14.4017
August 14.4242 13.9893 14.2148
September 14.2807 13.8155 13.9768
October 14.2836 13.6552 13.9789
November 13.6196 13.1583 13.3326
December 13.2724 13.0318 13.1370