YEARLY HIGH
0.0853 NOK
YEARLY LOW
0.0764 NOK
YEARLY AVERAGE
0.0802 NOK

2016 PKR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PKR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0853. Conversely, the yearly low was recorded on October 3, dropping to 0.0764.

This high-to-low spread represents a total annual volatility of 0.0089 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0840 to the December average rate of 0.0818, the exchange rate registered a net change of -2.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0853 was up 1.19% compared to the 2015 peak of 0.0843, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 42,649 NOK
2015 Average 39,240 NOK
Yearly Trough Low 38,191 NOK
Transaction Impact: A difference of 4,457.60 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0846
0.0774
JanuMarcMayJulySeptNove

PKR 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 0.0806, compared to 0.0798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0806
H2 Avg (Jul–Dec) 0.0798

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0041 NOK (High: 0.0821 / Low: 0.0780). On the other end, February was the most stable month, with a tight range of 0.0014 NOK (High: 0.0830 / Low: 0.0816).

November Spread (Volatile) ±0.0041
February Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0840) against the same month in 2015 (average: 0.0761), the exchange rate shifted by +0.0079 (+10.38%).

2016 Avg (January) 0.0840
2015 Avg (January) 0.0761

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0853 0.0823 0.0840
February 0.0830 0.0816 0.0822
March 0.0827 0.0791 0.0809
April 0.0796 0.0769 0.0786
May 0.0798 0.0766 0.0786
June 0.0816 0.0776 0.0794
July 0.0818 0.0794 0.0808
August 0.0814 0.0780 0.0793
September 0.0797 0.0765 0.0786
October 0.0791 0.0764 0.0780
November 0.0821 0.0780 0.0803
December 0.0831 0.0799 0.0818