YEARLY HIGH
0.5302 MYR
YEARLY LOW
0.4667 MYR
YEARLY AVERAGE
0.4933 MYR

2016 NOK to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.5302. Conversely, the yearly low was recorded on July 17, dropping to 0.4667.

This high-to-low spread represents a total annual volatility of 0.0635 MYR. From a start-to-finish perspective, comparing the January average rate of 0.4917 to the December average rate of 0.5202, the exchange rate registered a net change of 5.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5302 was up 0.29% compared to the 2015 peak of 0.5287, 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 2,651 MYR
2015 Average 2,418 MYR
Yearly Trough Low 2,334 MYR
Transaction Impact: A difference of 317.50 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5248
0.4694
JanuMarcMayJulySeptNove

NOK to MYR 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 0.4855, compared to 0.5011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 0.4855
H2 Avg (Jul–Dec) 0.5011

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.0265 MYR (High: 0.5165 / Low: 0.4900). On the other end, May was the most stable month, with a tight range of 0.0085 MYR (High: 0.4945 / Low: 0.4860).

September Spread (Volatile) ±0.0265
May Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between July and December, 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 June and July, when the average rate fell by 0.0168 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0168

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.5202) against the same month in 2015 (average: 0.4929), the exchange rate shifted by +0.0273 (+5.54%).

2016 Avg (December) 0.5202
2015 Avg (December) 0.4929

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5002 0.4771 0.4917
February 0.4916 0.4787 0.4856
March 0.4857 0.4698 0.4798
April 0.4856 0.4677 0.4740
May 0.4945 0.4860 0.4907
June 0.5010 0.4781 0.4911
July 0.4808 0.4667 0.4743
August 0.4913 0.4738 0.4848
September 0.5165 0.4900 0.5002
October 0.5172 0.5024 0.5113
November 0.5240 0.5092 0.5157
December 0.5302 0.5143 0.5202