YEARLY HIGH
2.4683 MDL
YEARLY LOW
2.2288 MDL
YEARLY AVERAGE
2.3684 MDL

2016 NOK to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 2.4683. Conversely, the yearly low was recorded on January 6, dropping to 2.2288.

This high-to-low spread represents a total annual volatility of 0.2395 MDL. From a start-to-finish perspective, comparing the January average rate of 2.3074 to the December average rate of 2.3477, the exchange rate registered a net change of 1.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.4683 was down 1.86% compared to the 2015 peak of 2.5152, 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 12,341 MDL
2015 Average 11,634 MDL
Yearly Trough Low 11,144 MDL
Transaction Impact: A difference of 1,197.38 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.4452
2.2949
JanuMarcMayJulySeptNove

NOK to MDL 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 2.3580, compared to 2.3789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0209 points.

H1 Avg (Jan–Jun) 2.3580
H2 Avg (Jul–Dec) 2.3789

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.1441 MDL (High: 2.3730 / Low: 2.2288). On the other end, March was the most stable month, with a tight range of 0.0635 MDL (High: 2.3624 / Low: 2.2990).

January Spread (Volatile) ±0.1441
March Spread (Stable) ±0.0635

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 0.0513 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0513

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 2.4326) against the same month in 2015 (average: 2.4055), the exchange rate shifted by +0.0272 (+1.13%).

2016 Avg (October) 2.4326
2015 Avg (October) 2.4055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3730 2.2288 2.3074
February 2.3714 2.3027 2.3327
March 2.3624 2.2990 2.3343
April 2.4482 2.3427 2.3876
May 2.4663 2.3796 2.4041
June 2.4349 2.3096 2.3817
July 2.3820 2.3060 2.3350
August 2.4108 2.3213 2.3742
September 2.4656 2.3679 2.4025
October 2.4683 2.4018 2.4326
November 2.4368 2.3483 2.3814
December 2.4110 2.2811 2.3477