YEARLY HIGH
1.0477 NOK
YEARLY LOW
0.9108 NOK
YEARLY AVERAGE
0.9824 NOK

2016 SEK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SEK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.0477. Conversely, the yearly low was recorded on November 6, dropping to 0.9108.

This high-to-low spread represents a total annual volatility of 0.1370 NOK. From a start-to-finish perspective, comparing the January average rate of 1.0317 to the December average rate of 0.9305, the exchange rate registered a net change of -9.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0477 was up 0.00% compared to the 2015 peak of 1.0477, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,239 NOK
2015 Average 4,781 NOK
Yearly Trough Low 4,554 NOK
Transaction Impact: A difference of 684.83 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0427
0.9115
JanuMarcMayJulySeptNove

SEK 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 1.0127, compared to 0.9520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0608 points.

H1 Avg (Jan–Jun) 1.0127
H2 Avg (Jul–Dec) 0.9520

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.0417 NOK (High: 0.9744 / Low: 0.9327). On the other end, July was the most stable month, with a tight range of 0.0076 NOK (High: 0.9930 / Low: 0.9853).

September Spread (Volatile) ±0.0417
July Spread (Stable) ±0.0076

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 0.0351 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0351

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.0317) against the same month in 2015 (average: 0.9459), the exchange rate shifted by +0.0859 (+9.08%).

2016 Avg (January) 1.0317
2015 Avg (January) 0.9459

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0477 1.0116 1.0317
February 1.0212 1.0059 1.0157
March 1.0257 0.9999 1.0148
April 1.0248 1.0009 1.0125
May 1.0104 0.9909 1.0014
June 1.0056 0.9899 1.0004
July 0.9930 0.9853 0.9889
August 0.9935 0.9714 0.9803
September 0.9744 0.9327 0.9624
October 0.9377 0.9145 0.9274
November 0.9292 0.9108 0.9224
December 0.9495 0.9147 0.9305