2016 NOK to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NOK to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NOK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 89.9988. Conversely, the yearly low was recorded on January 6, dropping to 73.9629.
This high-to-low spread represents a total annual volatility of 16.0359 MWK. From a start-to-finish perspective, comparing the January average rate of 78.2931 to the December average rate of 84.3826, the exchange rate registered a net change of 7.78% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 89.9988 was up 19.26% compared to the 2015 peak of 75.4653, 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 MWK 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 83.2067, compared to 86.0181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8114 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 10.4282 MWK (High: 84.3911 / Low: 73.9629). On the other end, July was the most stable month, with a tight range of 2.2255 MWK (High: 85.8343 / Low: 83.6087).
Growth Streaks & Declines
TrendsBetween March and June, 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 February and March, when the average rate fell by 3.3008 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2016: 87.9763) against the same month in 2015 (average: 66.9517), the exchange rate shifted by +21.0245 (+31.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 84.3911 | 73.9629 | 78.2931 |
| February | 87.8640 | 82.6608 | 85.9395 |
| March | 86.1881 | 79.8592 | 82.6387 |
| April | 85.3794 | 81.5095 | 82.8027 |
| May | 85.6776 | 83.1472 | 84.5143 |
| June | 86.9946 | 83.1552 | 85.0521 |
| July | 85.8343 | 83.6087 | 84.2920 |
| August | 87.9605 | 84.2324 | 86.4909 |
| September | 89.7869 | 86.2168 | 87.5216 |
| October | 89.9988 | 86.8387 | 87.9763 |
| November | 88.0337 | 83.7509 | 85.4453 |
| December | 86.5649 | 82.4072 | 84.3826 |