YEARLY HIGH
2.4569 NOK
YEARLY LOW
2.1901 NOK
YEARLY AVERAGE
2.3068 NOK

2016 QAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the QAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.4569. Conversely, the yearly low was recorded on October 3, dropping to 2.1901.

This high-to-low spread represents a total annual volatility of 0.2667 NOK. From a start-to-finish perspective, comparing the January average rate of 2.4195 to the December average rate of 2.3543, the exchange rate registered a net change of -2.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.4569 was up 1.28% compared to the 2015 peak of 2.4257, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,284 NOK
2015 Average 11,077 NOK
Yearly Trough Low 10,951 NOK
Transaction Impact: A difference of 1,333.74 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.4372
2.2241
JanuMarcMayJulySeptNove

QAR 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 2.3183, compared to 2.2953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0230 points.

H1 Avg (Jan–Jun) 2.3183
H2 Avg (Jul–Dec) 2.2953

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1233 NOK (High: 2.3629 / Low: 2.2395). On the other end, February was the most stable month, with a tight range of 0.0481 NOK (High: 2.3926 / Low: 2.3445).

November Spread (Volatile) ±0.1233
February Spread (Stable) ±0.0481

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 0.0656 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0656

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.4195) against the same month in 2015 (average: 2.1066), the exchange rate shifted by +0.3128 (+14.85%).

2016 Avg (January) 2.4195
2015 Avg (January) 2.1066

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4569 2.3703 2.4195
February 2.3926 2.3445 2.3631
March 2.3800 2.2759 2.3251
April 2.2883 2.2148 2.2595
May 2.2990 2.2047 2.2625
June 2.3462 2.2277 2.2803
July 2.3543 2.2808 2.3253
August 2.3367 2.2439 2.2812
September 2.2891 2.1950 2.2563
October 2.2733 2.1901 2.2418
November 2.3629 2.2395 2.3132
December 2.3935 2.2963 2.3543