YEARLY HIGH
159.6479 MMK
YEARLY LOW
137.3112 MMK
YEARLY AVERAGE
147.1002 MMK

2016 NOK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 159.6479. Conversely, the yearly low was recorded on July 8, dropping to 137.3112.

This high-to-low spread represents a total annual volatility of 22.3368 MMK. From a start-to-finish perspective, comparing the January average rate of 147.4985 to the December average rate of 157.4466, the exchange rate registered a net change of 6.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 159.6479 was up 4.90% compared to the 2015 peak of 152.1872, 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 798,240 MMK
2015 Average 687,089 MMK
Yearly Trough Low 686,556 MMK
Transaction Impact: A difference of 111,683.88 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

159.2713
137.3755
JanuMarcMayJulySeptNove

NOK to MMK 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 144.2013, compared to 149.9991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.7977 points.

H1 Avg (Jan–Jun) 144.2013
H2 Avg (Jul–Dec) 149.9991

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 12.8571 MMK (High: 157.3954 / Low: 144.5382). On the other end, March was the most stable month, with a tight range of 3.5418 MMK (High: 145.6187 / Low: 142.0770).

September Spread (Volatile) ±12.8571
March Spread (Stable) ±3.5418

Growth Streaks & Declines

Trends

Between July and October, 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 3.8244 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.8244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 157.4466) against the same month in 2015 (average: 149.4791), the exchange rate shifted by +7.9676 (+5.33%).

2016 Avg (December) 157.4466
2015 Avg (December) 149.4791

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 150.0412 145.4326 147.4985
February 149.5052 142.2104 144.8586
March 145.6187 142.0770 143.6595
April 146.1267 141.6949 143.7696
May 145.3273 140.7345 142.3975
June 147.0735 137.5228 143.0245
July 141.1538 137.3112 139.2001
August 146.5338 139.2827 143.6719
September 157.3954 144.5382 149.6254
October 158.3728 152.4278 155.9709
November 157.1139 151.4098 154.0794
December 159.6479 155.2669 157.4466