YEARLY HIGH
13.0921 PKR
YEARLY LOW
11.7237 PKR
YEARLY AVERAGE
12.4738 PKR

2016 NOK to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 13.0921. Conversely, the yearly low was recorded on January 6, dropping to 11.7237.

This high-to-low spread represents a total annual volatility of 1.3684 PKR. From a start-to-finish perspective, comparing the January average rate of 11.9076 to the December average rate of 12.2259, the exchange rate registered a net change of 2.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 13.0921 was down 6.10% compared to the 2015 peak of 13.9424, 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 65,460 PKR
2015 Average 63,791 PKR
Yearly Trough Low 58,618 PKR
Transaction Impact: A difference of 6,841.86 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

12.9117
11.8163
JanuMarcMayJulySeptNove

NOK to PKR 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 12.4132, compared to 12.5344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1212 points.

H1 Avg (Jan–Jun) 12.4132
H2 Avg (Jul–Dec) 12.5344

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.6430 PKR (High: 12.8255 / Low: 12.1825). On the other end, February was the most stable month, with a tight range of 0.2114 PKR (High: 12.2532 / Low: 12.0417).

November Spread (Volatile) ±0.6430
February Spread (Stable) ±0.2114

Growth Streaks & Declines

Trends

Between January and April, 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 0.3702 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3702

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 12.8204) against the same month in 2015 (average: 12.6471), the exchange rate shifted by +0.1733 (+1.37%).

2016 Avg (October) 12.8204
2015 Avg (October) 12.6471

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.1469 11.7237 11.9076
February 12.2532 12.0417 12.1592
March 12.6421 12.0859 12.3631
April 12.9997 12.5648 12.7307
May 13.0567 12.5339 12.7178
June 12.8934 12.2506 12.6008
July 12.6008 12.2248 12.3771
August 12.8178 12.2876 12.6068
September 13.0711 12.5460 12.7260
October 13.0921 12.6458 12.8204
November 12.8255 12.1825 12.4502
December 12.5178 12.0272 12.2259