YEARLY HIGH
2.4791 MXN
YEARLY LOW
1.9465 MXN
YEARLY AVERAGE
2.2255 MXN

2016 NOK to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 2.4791. Conversely, the yearly low was recorded on January 2, dropping to 1.9465.

This high-to-low spread represents a total annual volatility of 0.5326 MXN. From a start-to-finish perspective, comparing the January average rate of 2.0465 to the December average rate of 2.3949, the exchange rate registered a net change of 17.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.4791 was up 18.54% compared to the 2015 peak of 2.0913, 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 12,396 MXN
2015 Average 9,841 MXN
Yearly Trough Low 9,733 MXN
Transaction Impact: A difference of 2,662.94 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.4297
2.0117
JanuMarcMayJulySeptNove

NOK to MXN 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 2.1414, compared to 2.3096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1681 points.

H1 Avg (Jan–Jun) 2.1414
H2 Avg (Jul–Dec) 2.3096

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.2454 MXN (High: 2.4791 / Low: 2.2337). On the other end, March was the most stable month, with a tight range of 0.0414 MXN (High: 2.1038 / Low: 2.0624).

November Spread (Volatile) ±0.2454
March Spread (Stable) ±0.0414

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 0.0638 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0638

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 2.3845) against the same month in 2015 (average: 1.9255), the exchange rate shifted by +0.4591 (+23.84%).

2016 Avg (November) 2.3845
2015 Avg (November) 1.9255

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1276 1.9465 2.0465
February 2.2273 2.0896 2.1454
March 2.1038 2.0624 2.0816
April 2.1605 2.0837 2.1256
May 2.2302 2.1328 2.2010
June 2.2816 2.1948 2.2483
July 2.2331 2.1710 2.1940
August 2.2544 2.1921 2.2256
September 2.4490 2.2344 2.3376
October 2.4273 2.2392 2.3208
November 2.4791 2.2337 2.3845
December 2.4593 2.3464 2.3949