YEARLY HIGH
144.1104 KRW
YEARLY LOW
130.6767 KRW
YEARLY AVERAGE
138.2174 KRW

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 720,552 KRW
2015 Average 702,175 KRW
Yearly Trough Low 653,384 KRW
Transaction Impact: A difference of 67,168.66 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

143.4980
132.9502
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 140.0984
H2 Avg (Jul–Dec) 136.3363

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±6.9407
October Spread (Stable) ±2.2091

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.0546

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (February) 141.5527
2015 Avg (February) 144.9457

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