YEARLY HIGH
295.2131 MNT
YEARLY LOW
222.6575 MNT
YEARLY AVERAGE
255.0785 MNT

2016 NOK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 295.2131. Conversely, the yearly low was recorded on January 6, dropping to 222.6575.

This high-to-low spread represents a total annual volatility of 72.5556 MNT. From a start-to-finish perspective, comparing the January average rate of 226.6706 to the December average rate of 288.9574, the exchange rate registered a net change of 27.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 295.2131 was up 11.26% compared to the 2015 peak of 265.3259, 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 1,476,066 MNT
2015 Average 1,220,953 MNT
Yearly Trough Low 1,113,288 MNT
Transaction Impact: A difference of 362,777.99 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

295.1861
220.4419
JanuMarcMayJulySeptNove

NOK to MNT 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 237.9321, compared to 272.2248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.2927 points.

H1 Avg (Jan–Jun) 237.9321
H2 Avg (Jul–Dec) 272.2248

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 31.8057 MNT (High: 275.3029 / Low: 243.4972). On the other end, February was the most stable month, with a tight range of 5.6573 MNT (High: 236.1597 / Low: 230.5023).

August Spread (Volatile) ±31.8057
February Spread (Stable) ±5.6573

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 6.8023 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -6.8023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 288.9574) against the same month in 2015 (average: 229.4865), the exchange rate shifted by +59.4709 (+25.91%).

2016 Avg (December) 288.9574
2015 Avg (December) 229.4865

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 232.0800 222.6575 226.6706
February 236.1597 230.5023 234.5701
March 246.7606 234.3975 241.2381
April 249.5131 241.0800 244.5777
May 250.6946 238.2199 243.6693
June 244.7324 227.1269 236.8670
July 244.2555 235.7882 238.4958
August 275.3029 243.4972 262.6654
September 285.5438 264.4525 272.3727
October 286.6968 276.4123 282.4136
November 294.0578 281.9595 288.4441
December 295.2131 285.0747 288.9574