YEARLY HIGH
31.3548 YER
YEARLY LOW
24.0453 YER
YEARLY AVERAGE
28.6723 YER

2016 NOK to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 31.3548. Conversely, the yearly low was recorded on January 6, dropping to 24.0453.

This high-to-low spread represents a total annual volatility of 7.3095 YER. From a start-to-finish perspective, comparing the January average rate of 24.4048 to the December average rate of 29.1866, the exchange rate registered a net change of 19.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 31.3548 was up 6.73% compared to the 2015 peak of 29.3779, 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 156,774 YER
2015 Average 133,604 YER
Yearly Trough Low 120,227 YER
Transaction Impact: A difference of 36,547.40 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

31.2603
23.7815
JanuMarcMayJulySeptNove

NOK to YER 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 27.4107, compared to 29.9339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5232 points.

H1 Avg (Jan–Jun) 27.4107
H2 Avg (Jul–Dec) 29.9339

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 5.2103 YER (High: 31.0114 / Low: 25.8011). On the other end, February was the most stable month, with a tight range of 0.5060 YER (High: 25.1891 / Low: 24.6831).

April Spread (Volatile) ±5.2103
February Spread (Stable) ±0.5060

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.9403 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.9403

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 30.6371) against the same month in 2015 (average: 26.0152), the exchange rate shifted by +4.6219 (+17.77%).

2016 Avg (October) 30.6371
2015 Avg (October) 26.0152

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.9152 24.0453 24.4048
February 25.1891 24.6831 24.9864
March 25.9345 24.8094 25.3926
April 31.0114 25.8011 29.2654
May 31.1552 29.8472 30.3271
June 30.8511 29.1739 30.0880
July 30.1080 29.1690 29.5289
August 30.6133 29.3656 30.1070
September 31.2877 30.0028 30.4469
October 31.3548 30.2077 30.6371
November 30.6475 29.0742 29.6968
December 29.9146 28.6954 29.1866