YEARLY HIGH
1.0980 SEK
YEARLY LOW
0.9544 SEK
YEARLY AVERAGE
1.0194 SEK

2016 NOK to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 1.0980. Conversely, the yearly low was recorded on January 1, dropping to 0.9544.

This high-to-low spread represents a total annual volatility of 0.1435 SEK. From a start-to-finish perspective, comparing the January average rate of 0.9694 to the December average rate of 1.0749, the exchange rate registered a net change of 10.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0980 was down 2.00% compared to the 2015 peak of 1.1204, 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 5,490 SEK
2015 Average 5,237 SEK
Yearly Trough Low 4,772 SEK
Transaction Impact: A difference of 717.68 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0956
0.9579
JanuMarcMayJulySeptNove

NOK to SEK 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 0.9876, compared to 1.0513 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0638 points.

H1 Avg (Jan–Jun) 0.9876
H2 Avg (Jul–Dec) 1.0513

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.0459 SEK (High: 1.0721 / Low: 1.0263). On the other end, July was the most stable month, with a tight range of 0.0078 SEK (High: 1.0149 / Low: 1.0071).

September Spread (Volatile) ±0.0459
July Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0093 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 1.0841) against the same month in 2015 (average: 1.0053), the exchange rate shifted by +0.0789 (+7.84%).

2016 Avg (November) 1.0841
2015 Avg (November) 1.0053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9885 0.9544 0.9694
February 0.9942 0.9792 0.9846
March 1.0001 0.9750 0.9854
April 0.9991 0.9758 0.9877
May 1.0092 0.9897 0.9986
June 1.0102 0.9944 0.9996
July 1.0149 1.0071 1.0112
August 1.0294 1.0065 1.0201
September 1.0721 1.0263 1.0392
October 1.0935 1.0664 1.0784
November 1.0980 1.0761 1.0841
December 1.0933 1.0532 1.0749