YEARLY HIGH
658.4805 ZMK
YEARLY LOW
587.0005 ZMK
YEARLY AVERAGE
625.5109 ZMK

2016 NOK to ZMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 658.4805. Conversely, the yearly low was recorded on January 6, dropping to 587.0005.

This high-to-low spread represents a total annual volatility of 71.4800 ZMK. From a start-to-finish perspective, comparing the January average rate of 596.2144 to the December average rate of 612.8051, the exchange rate registered a net change of 2.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 658.4805 was down 8.25% compared to the 2015 peak of 717.7096, 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 3,292,403 ZMK
2015 Average 3,262,968 ZMK
Yearly Trough Low 2,935,003 ZMK
Transaction Impact: A difference of 357,399.84 ZMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

648.2126
591.4873
JanuMarcMayJulySeptNove

NOK to ZMK 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 622.6826, compared to 628.3392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6566 points.

H1 Avg (Jan–Jun) 622.6826
H2 Avg (Jul–Dec) 628.3392

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 33.0199 ZMK (High: 647.7987 / Low: 614.7788). On the other end, February was the most stable month, with a tight range of 12.2983 ZMK (High: 615.3594 / Low: 603.0611).

June Spread (Volatile) ±33.0199
February Spread (Stable) ±12.2983

Growth Streaks & Declines

Trends

Between 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 19.6481 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -19.6481

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 643.4855) against the same month in 2015 (average: 635.2613), the exchange rate shifted by +8.2242 (+1.29%).

2016 Avg (October) 643.4855
2015 Avg (October) 635.2613

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 608.5828 587.0005 596.2144
February 615.3594 603.0611 610.4245
March 633.7890 605.9864 620.4026
April 651.6088 630.3535 638.5004
May 654.4773 627.5031 637.7403
June 647.7987 614.7788 632.8135
July 632.7126 609.0458 618.2239
August 642.9546 615.2965 632.2777
September 657.1774 630.1299 639.4054
October 658.4805 634.6326 643.4855
November 643.5523 610.6002 623.8374
December 628.0897 602.7362 612.8051