YEARLY HIGH
1.9005 SZL
YEARLY LOW
1.5853 SZL
YEARLY AVERAGE
1.7504 SZL

2016 NOK to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 1.9005. Conversely, the yearly low was recorded on December 29, dropping to 1.5853.

This high-to-low spread represents a total annual volatility of 0.3152 SZL. From a start-to-finish perspective, comparing the January average rate of 1.8474 to the December average rate of 1.6192, the exchange rate registered a net change of -12.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.9005 was up 4.37% compared to the 2015 peak of 1.8208, 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 9,502 SZL
2015 Average 7,907 SZL
Yearly Trough Low 7,926 SZL
Transaction Impact: A difference of 1,575.81 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.8815
1.5954
JanuMarcMayJulySeptNove

NOK to SZL 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 1.8249, compared to 1.6760 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1488 points.

H1 Avg (Jan–Jun) 1.8249
H2 Avg (Jul–Dec) 1.6760

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.1480 SZL (High: 1.9005 / Low: 1.7524). On the other end, March was the most stable month, with a tight range of 0.0711 SZL (High: 1.8579 / Low: 1.7868).

January Spread (Volatile) ±0.1480
March Spread (Stable) ±0.0711

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1158 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.8474) against the same month in 2015 (average: 1.5082), the exchange rate shifted by +0.3392 (+22.49%).

2016 Avg (January) 1.8474
2015 Avg (January) 1.5082

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9005 1.7524 1.8474
February 1.8798 1.7734 1.8365
March 1.8579 1.7868 1.8148
April 1.8299 1.7465 1.7763
May 1.8979 1.7613 1.8577
June 1.8815 1.7661 1.8165
July 1.7560 1.6502 1.7007
August 1.7339 1.6020 1.6555
September 1.7528 1.6600 1.7136
October 1.7498 1.6414 1.7069
November 1.7053 1.6200 1.6603
December 1.6655 1.5853 1.6192