YEARLY HIGH
2.6213 NOK
YEARLY LOW
2.3573 NOK
YEARLY AVERAGE
2.4894 NOK

2016 PEN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PEN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.6213. Conversely, the yearly low was recorded on October 5, dropping to 2.3573.

This high-to-low spread represents a total annual volatility of 0.2640 NOK. From a start-to-finish perspective, comparing the January average rate of 2.5647 to the December average rate of 2.5240, the exchange rate registered a net change of -1.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.6213 was down 2.02% compared to the 2015 peak of 2.6753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PEN based on timing:

Yearly Peak High 13,106 NOK
2015 Average 12,668 NOK
Yearly Trough Low 11,786 NOK
Transaction Impact: A difference of 1,319.89 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.5800
2.3965
JanuMarcMayJulySeptNove

PEN to NOK 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 2.4957, compared to 2.4831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 2.4957
H2 Avg (Jul–Dec) 2.4831

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.1385 NOK (High: 2.5928 / Low: 2.4543). On the other end, May was the most stable month, with a tight range of 0.0606 NOK (High: 2.5002 / Low: 2.4396).

December Spread (Volatile) ±0.1385
May Spread (Stable) ±0.0606

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1097 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.5647) against the same month in 2015 (average: 2.5526), the exchange rate shifted by +0.0121 (+0.48%).

2016 Avg (January) 2.5647
2015 Avg (January) 2.5526

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6213 2.4926 2.5647
February 2.4966 2.4345 2.4550
March 2.5372 2.4564 2.4874
April 2.5361 2.4452 2.4913
May 2.5002 2.4396 2.4730
June 2.5803 2.4487 2.5026
July 2.5985 2.5206 2.5628
August 2.5519 2.4499 2.4925
September 2.4611 2.3633 2.4314
October 2.4649 2.3573 2.4118
November 2.5221 2.4129 2.4762
December 2.5928 2.4543 2.5240