YEARLY HIGH
0.4704 SAR
YEARLY LOW
0.4195 SAR
YEARLY AVERAGE
0.4468 SAR

2016 NOK to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.4704. Conversely, the yearly low was recorded on January 6, dropping to 0.4195.

This high-to-low spread represents a total annual volatility of 0.0509 SAR. From a start-to-finish perspective, comparing the January average rate of 0.4259 to the December average rate of 0.4377, the exchange rate registered a net change of 2.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4704 was down 8.22% compared to the 2015 peak of 0.5125, 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 2,352 SAR
2015 Average 2,330 SAR
Yearly Trough Low 2,097 SAR
Transaction Impact: A difference of 254.50 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4629
0.4226
JanuMarcMayJulySeptNove

NOK to SAR 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 0.4446, compared to 0.4490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.4446
H2 Avg (Jul–Dec) 0.4490

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0240 SAR (High: 0.4600 / Low: 0.4360). On the other end, February was the most stable month, with a tight range of 0.0088 SAR (High: 0.4393 / Low: 0.4305).

November Spread (Volatile) ±0.0240
February Spread (Stable) ±0.0088

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 0.0140 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.4595) against the same month in 2015 (average: 0.4535), the exchange rate shifted by +0.0060 (+1.33%).

2016 Avg (October) 0.4595
2015 Avg (October) 0.4535

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4346 0.4195 0.4259
February 0.4393 0.4305 0.4358
March 0.4526 0.4327 0.4430
April 0.4652 0.4501 0.4559
May 0.4673 0.4480 0.4554
June 0.4625 0.4390 0.4518
July 0.4518 0.4375 0.4430
August 0.4591 0.4407 0.4516
September 0.4694 0.4499 0.4566
October 0.4704 0.4531 0.4595
November 0.4600 0.4360 0.4455
December 0.4486 0.4305 0.4377