YEARLY HIGH
0.1804 NZD
YEARLY LOW
0.1607 NZD
YEARLY AVERAGE
0.1710 NZD

2016 NOK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 0.1804. Conversely, the yearly low was recorded on July 9, dropping to 0.1607.

This high-to-low spread represents a total annual volatility of 0.0198 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1735 to the December average rate of 0.1661, the exchange rate registered a net change of -4.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1804 was down 7.15% compared to the 2015 peak of 0.1943, 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 902 NZD
2015 Average 889 NZD
Yearly Trough Low 803 NZD
Transaction Impact: A difference of 98.76 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1800
0.1641
JanuMarcMayJulySeptNove

NOK to NZD 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 0.1750, compared to 0.1670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.1750
H2 Avg (Jul–Dec) 0.1670

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0140 NZD (High: 0.1791 / Low: 0.1651). On the other end, December was the most stable month, with a tight range of 0.0029 NZD (High: 0.1672 / Low: 0.1642).

January Spread (Volatile) ±0.0140
December Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between July and October, 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 May and June, when the average rate fell by 0.0076 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.1787) against the same month in 2015 (average: 0.1794), the exchange rate shifted by -0.0007 (-0.37%).

2016 Avg (May) 0.1787
2015 Avg (May) 0.1794

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1791 0.1651 0.1735
February 0.1763 0.1723 0.1751
March 0.1774 0.1723 0.1751
April 0.1784 0.1741 0.1765
May 0.1804 0.1763 0.1787
June 0.1769 0.1657 0.1710
July 0.1689 0.1607 0.1654
August 0.1693 0.1642 0.1667
September 0.1717 0.1638 0.1667
October 0.1740 0.1686 0.1711
November 0.1686 0.1642 0.1663
December 0.1672 0.1642 0.1661