2016 NOK to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |