YEARLY HIGH
89.9988 MWK
YEARLY LOW
73.9629 MWK
YEARLY AVERAGE
84.6124 MWK

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 449,994 MWK
2015 Average 308,094 MWK
Yearly Trough Low 369,815 MWK
Transaction Impact: A difference of 80,179.26 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

88.9446
77.3248
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 83.2067
H2 Avg (Jul–Dec) 86.0181

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±10.4282
July Spread (Stable) ±2.2255

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.3008

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (October) 87.9763
2015 Avg (October) 66.9517

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