YEARLY HIGH
0.4242 PEN
YEARLY LOW
0.3815 PEN
YEARLY AVERAGE
0.4019 PEN

2016 NOK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.4242. Conversely, the yearly low was recorded on January 6, dropping to 0.3815.

This high-to-low spread represents a total annual volatility of 0.0427 PEN. From a start-to-finish perspective, comparing the January average rate of 0.3900 to the December average rate of 0.3963, the exchange rate registered a net change of 1.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4242 was down 1.35% compared to the 2015 peak of 0.4300, 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 2,121 PEN
2015 Average 1,975 PEN
Yearly Trough Low 1,907 PEN
Transaction Impact: A difference of 213.61 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4172
0.3875
JanuMarcMayJulySeptNove

NOK to PEN 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 0.4008, compared to 0.4030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.4008
H2 Avg (Jul–Dec) 0.4030

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0218 PEN (High: 0.4074 / Low: 0.3857). On the other end, May was the most stable month, with a tight range of 0.0099 PEN (High: 0.4099 / Low: 0.4000).

December Spread (Volatile) ±0.0218
May Spread (Stable) ±0.0099

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 October and November, when the average rate fell by 0.0108 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.4147) against the same month in 2015 (average: 0.3924), the exchange rate shifted by +0.0223 (+5.69%).

2016 Avg (October) 0.4147
2015 Avg (October) 0.3924

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4012 0.3815 0.3900
February 0.4108 0.4005 0.4074
March 0.4071 0.3941 0.4021
April 0.4090 0.3943 0.4014
May 0.4099 0.4000 0.4044
June 0.4084 0.3875 0.3997
July 0.3967 0.3848 0.3902
August 0.4082 0.3919 0.4013
September 0.4231 0.4063 0.4113
October 0.4242 0.4057 0.4147
November 0.4144 0.3965 0.4039
December 0.4074 0.3857 0.3963