2016 NOK to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NOK to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NOK to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 144.1104. Conversely, the yearly low was recorded on August 1, dropping to 130.6767.
This high-to-low spread represents a total annual volatility of 13.4337 KRW. From a start-to-finish perspective, comparing the January average rate of 136.3277 to the December average rate of 138.1566, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 144.1104 was down 2.89% compared to the 2015 peak of 148.3949, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NOK to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 140.0984, compared to 136.3363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7620 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 6.9407 KRW (High: 139.7646 / Low: 132.8239). On the other end, October was the most stable month, with a tight range of 2.2091 KRW (High: 139.0274 / Low: 136.8184).
Growth Streaks & Declines
TrendsBetween August and November, 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 June and July, when the average rate fell by 6.0546 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 141.5527) against the same month in 2015 (average: 144.9457), the exchange rate shifted by -3.3930 (-2.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 139.7646 | 132.8239 | 136.3277 |
| February | 144.1104 | 138.4569 | 141.5527 |
| March | 142.5070 | 137.3352 | 139.8248 |
| April | 141.6448 | 137.9218 | 139.4634 |
| May | 143.9627 | 141.2055 | 142.6191 |
| June | 143.6909 | 137.8141 | 140.8026 |
| July | 138.3410 | 131.8269 | 134.7479 |
| August | 136.5318 | 130.6767 | 133.8292 |
| September | 137.4048 | 133.4557 | 135.0987 |
| October | 139.0274 | 136.8184 | 137.9675 |
| November | 140.0765 | 136.8000 | 138.2180 |
| December | 140.3513 | 136.5823 | 138.1566 |