YEARLY HIGH
2.1620 NOK
YEARLY LOW
1.9854 NOK
YEARLY AVERAGE
2.0700 NOK

2016 RON to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RON to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 2.1620. Conversely, the yearly low was recorded on October 19, dropping to 1.9854.

This high-to-low spread represents a total annual volatility of 0.1766 NOK. From a start-to-finish perspective, comparing the January average rate of 2.1126 to the December average rate of 1.9995, the exchange rate registered a net change of -5.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.1620 was down 0.40% compared to the 2015 peak of 2.1707, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,810 NOK
2015 Average 10,066 NOK
Yearly Trough Low 9,927 NOK
Transaction Impact: A difference of 882.88 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.1450
1.9863
JanuMarcMayJulySeptNove

RON 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 2.0955, compared to 2.0445 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0510 points.

H1 Avg (Jan–Jun) 2.0955
H2 Avg (Jul–Dec) 2.0445

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0759 NOK (High: 2.1430 / Low: 2.0671). On the other end, November was the most stable month, with a tight range of 0.0204 NOK (High: 2.0231 / Low: 2.0027).

January Spread (Volatile) ±0.0759
November Spread (Stable) ±0.0204

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 September and October, when the average rate fell by 0.0652 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0652

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 2.1318) against the same month in 2015 (average: 1.9441), the exchange rate shifted by +0.1876 (+9.65%).

2016 Avg (February) 2.1318
2015 Avg (February) 1.9441

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1430 2.0671 2.1126
February 2.1620 2.0863 2.1318
March 2.1288 2.0937 2.1108
April 2.1240 2.0516 2.0859
May 2.0840 2.0560 2.0682
June 2.0843 2.0475 2.0636
July 2.1211 2.0494 2.0900
August 2.1262 2.0562 2.0871
September 2.0934 2.0208 2.0702
October 2.0213 1.9854 2.0050
November 2.0231 2.0027 2.0153
December 2.0114 1.9881 1.9995