YEARLY HIGH
18.3487 LKR
YEARLY LOW
16.0941 LKR
YEARLY AVERAGE
17.4106 LKR

2016 NOK to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 18.3487. Conversely, the yearly low was recorded on January 6, dropping to 16.0941.

This high-to-low spread represents a total annual volatility of 2.2546 LKR. From a start-to-finish perspective, comparing the January average rate of 16.3500 to the December average rate of 17.4020, the exchange rate registered a net change of 6.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 18.3487 was up 0.55% compared to the 2015 peak of 18.2481, 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 91,744 LKR
2015 Average 84,380 LKR
Yearly Trough Low 80,471 LKR
Transaction Impact: A difference of 11,273.10 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

18.1809
16.1835
JanuMarcMayJulySeptNove

NOK to LKR 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 17.2331, compared to 17.5880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3549 points.

H1 Avg (Jan–Jun) 17.2331
H2 Avg (Jul–Dec) 17.5880

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 1.1677 LKR (High: 17.8533 / Low: 16.6855). On the other end, February was the most stable month, with a tight range of 0.3184 LKR (High: 16.8636 / Low: 16.5452).

March Spread (Volatile) ±1.1677
February Spread (Stable) ±0.3184

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4061 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 18.0145) against the same month in 2015 (average: 17.0384), the exchange rate shifted by +0.9761 (+5.73%).

2016 Avg (October) 18.0145
2015 Avg (October) 17.0384

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.6704 16.0941 16.3500
February 16.8636 16.5452 16.7502
March 17.8533 16.6855 17.1861
April 18.0990 17.3608 17.7074
May 18.2206 17.5767 17.7853
June 18.0263 17.2328 17.6196
July 17.5955 17.0281 17.2275
August 17.7668 17.1339 17.5307
September 18.3419 17.4239 17.7450
October 18.3487 17.7906 18.0145
November 18.1374 17.2713 17.6084
December 17.7759 17.1288 17.4020