2016 NOK to TRY Historical Review

YEARLY HIGH

0.4200 TRY

YEARLY LOW

0.3298 TRY

YEARLY AVERAGE

0.3601 TRY

2016 NOK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.4200. Conversely, the yearly low was recorded on January 2, dropping to 0.3298.

This high-to-low spread represents a total annual volatility of 0.0902 TRY. From a start-to-finish perspective, comparing the January average rate of 0.3407 to the December average rate of 0.4087, the exchange rate registered a net change of 19.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4200 was up 12.23% compared to the 2015 peak of 0.3742, 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 2,100 TRY

2015 Average 1,688 TRY

Yearly Trough Low 1,649 TRY

Transaction Impact: A difference of 450.85 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4155

0.3335

JanuMarcMayJulySeptNove

NOK to TRY 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 0.3461, compared to 0.3741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0280 points.

H1 Avg (Jan–Jun) 0.3461

H2 Avg (Jul–Dec) 0.3741

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0241 TRY (High: 0.4025 / Low: 0.3783). On the other end, March was the most stable month, with a tight range of 0.0051 TRY (High: 0.3431 / Low: 0.3380).

November Spread (Volatile) ±0.0241

March Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0061 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.4087) against the same month in 2015 (average: 0.3364), the exchange rate shifted by +0.0723 (+21.48%).

2016 Avg (December) 0.4087

2015 Avg (December) 0.3364

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3461	0.3298	0.3407
February	0.3454	0.3391	0.3422
March	0.3431	0.3380	0.3404
April	0.3477	0.3379	0.3447
May	0.3636	0.3470	0.3572
June	0.3569	0.3431	0.3512
July	0.3615	0.3393	0.3508
August	0.3603	0.3520	0.3565
September	0.3751	0.3549	0.3612
October	0.3810	0.3712	0.3763
November	0.4025	0.3783	0.3911
December	0.4200	0.4028	0.4087