YEARLY HIGH
44.5590 MRO
YEARLY LOW
34.5028 MRO
YEARLY AVERAGE
41.8228 MRO

2016 NOK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 44.5590. Conversely, the yearly low was recorded on January 6, dropping to 34.5028.

This high-to-low spread represents a total annual volatility of 10.0562 MRO. From a start-to-finish perspective, comparing the January average rate of 37.9909 to the December average rate of 41.7822, the exchange rate registered a net change of 9.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 44.5590 was up 3.71% compared to the 2015 peak of 42.9652, 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 222,795 MRO
2015 Average 192,082 MRO
Yearly Trough Low 172,514 MRO
Transaction Impact: A difference of 50,281.09 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

44.2455
37.4223
JanuMarcMayJulySeptNove

NOK to MRO 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 40.9841, compared to 42.6616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6776 points.

H1 Avg (Jan–Jun) 40.9841
H2 Avg (Jul–Dec) 42.6616

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 5.3625 MRO (High: 39.8653 / Low: 34.5028). On the other end, July was the most stable month, with a tight range of 1.3053 MRO (High: 42.7518 / Low: 41.4464).

January Spread (Volatile) ±5.3625
July Spread (Stable) ±1.3053

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.2106 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.2106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 43.6769) against the same month in 2015 (average: 36.1738), the exchange rate shifted by +7.5031 (+20.74%).

2016 Avg (October) 43.6769
2015 Avg (October) 36.1738

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 39.8653 34.5028 37.9909
February 40.1840 38.4034 39.7278
March 41.4064 39.6735 40.5971
April 42.9899 41.1493 42.0164
May 43.4018 42.0644 42.7054
June 43.8889 41.6681 42.8667
July 42.7518 41.4464 41.9291
August 43.4922 41.7259 42.7960
September 44.5132 42.6375 43.3192
October 44.5590 43.0544 43.6769
November 43.7700 41.6032 42.4663
December 42.7619 41.1587 41.7822