YEARLY HIGH
43.7390 KZT
YEARLY LOW
38.1475 KZT
YEARLY AVERAGE
40.7180 KZT

2016 NOK to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 43.7390. Conversely, the yearly low was recorded on December 26, dropping to 38.1475.

This high-to-low spread represents a total annual volatility of 5.5915 KZT. From a start-to-finish perspective, comparing the January average rate of 41.1435 to the December average rate of 39.0108, the exchange rate registered a net change of -5.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 43.7390 was up 11.63% compared to the 2015 peak of 39.1836, 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 218,695 KZT
2015 Average 136,829 KZT
Yearly Trough Low 190,737 KZT
Transaction Impact: A difference of 27,957.64 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

41.9147
38.7468
JanuMarcMayJulySeptNove

NOK to KZT 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 40.9113, compared to 40.5246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3866 points.

H1 Avg (Jan–Jun) 40.9113
H2 Avg (Jul–Dec) 40.5246

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 5.3248 KZT (High: 43.7390 / Low: 38.4142). On the other end, May was the most stable month, with a tight range of 0.9228 KZT (High: 40.7969 / Low: 39.8742).

January Spread (Volatile) ±5.3248
May Spread (Stable) ±0.9228

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.3649 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.3649

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 41.1435) against the same month in 2015 (average: 23.9703), the exchange rate shifted by +17.1732 (+71.64%).

2016 Avg (January) 41.1435
2015 Avg (January) 23.9703

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 43.7390 38.4142 41.1435
February 42.8350 40.1661 41.6507
March 41.6297 40.0531 40.7852
April 41.6337 40.2249 40.9694
May 40.7969 39.8742 40.3494
June 41.2733 39.6560 40.5694
July 41.6749 39.7045 40.3651
August 42.0238 40.8003 41.4239
September 42.0064 40.8298 41.2591
October 41.9974 39.8972 40.7133
November 41.5403 39.1286 40.3757
December 40.2229 38.1475 39.0108