2016 NOK to UAH Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NOK to UAH Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NOK to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 3.2618. Conversely, the yearly low was recorded on January 12, dropping to 2.6169.
This high-to-low spread represents a total annual volatility of 0.6449 UAH. From a start-to-finish perspective, comparing the January average rate of 2.7608 to the December average rate of 3.0659, the exchange rate registered a net change of 11.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 3.2618 was down 13.44% compared to the 2015 peak of 3.7683, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NOK to UAH Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.0183, compared to 3.0709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0526 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 0.3418 UAH (High: 2.9587 / Low: 2.6169). On the other end, April was the most stable month, with a tight range of 0.0735 UAH (High: 3.1402 / Low: 3.0667).
Growth Streaks & Declines
TrendsBetween 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 0.0962 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2016: 3.1949) against the same month in 2015 (average: 2.6323), the exchange rate shifted by +0.5626 (+21.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.9587 | 2.6169 | 2.7608 |
| February | 3.1661 | 2.9449 | 3.0765 |
| March | 3.1759 | 3.0049 | 3.0996 |
| April | 3.1402 | 3.0667 | 3.1069 |
| May | 3.1345 | 3.0020 | 3.0626 |
| June | 3.0766 | 2.9088 | 3.0033 |
| July | 2.9841 | 2.8939 | 2.9316 |
| August | 3.1324 | 2.9183 | 3.0275 |
| September | 3.2618 | 3.1099 | 3.1949 |
| October | 3.2444 | 3.0741 | 3.1508 |
| November | 3.1319 | 2.9827 | 3.0546 |
| December | 3.1574 | 3.0099 | 3.0659 |