2016 NOK to ZAR Historical Review

YEARLY HIGH

1.9048 ZAR

YEARLY LOW

1.5816 ZAR

YEARLY AVERAGE

1.7505 ZAR

2016 NOK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 1.9048. Conversely, the yearly low was recorded on December 29, dropping to 1.5816.

This high-to-low spread represents a total annual volatility of 0.3232 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.8483 to the December average rate of 1.6174, the exchange rate registered a net change of -12.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.9048 was up 4.08% compared to the 2015 peak of 1.8301, 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 9,524 ZAR

2015 Average 7,907 ZAR

Yearly Trough Low 7,908 ZAR

Transaction Impact: A difference of 1,615.97 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.8819

1.5934

JanuMarcMayJulySeptNove

NOK to ZAR 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 1.8248, compared to 1.6762 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1486 points.

H1 Avg (Jan–Jun) 1.8248

H2 Avg (Jul–Dec) 1.6762

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.1595 ZAR (High: 1.7587 / Low: 1.5992). On the other end, March was the most stable month, with a tight range of 0.0720 ZAR (High: 1.8547 / Low: 1.7828).

August Spread (Volatile) ±0.1595

March Spread (Stable) ±0.0720

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 0.1159 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.8483) against the same month in 2015 (average: 1.5076), the exchange rate shifted by +0.3407 (+22.60%).

2016 Avg (January) 1.8483

2015 Avg (January) 1.5076

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9048	1.7508	1.8483
February	1.8812	1.7723	1.8364
March	1.8547	1.7828	1.8139
April	1.8298	1.7474	1.7760
May	1.8998	1.7625	1.8579
June	1.8820	1.7643	1.8166
July	1.7552	1.6469	1.7007
August	1.7587	1.5992	1.6584
September	1.7498	1.6530	1.7144
October	1.7483	1.6391	1.7064
November	1.7037	1.6139	1.6599
December	1.6706	1.5816	1.6174