YEARLY HIGH
0.0409 NOK
YEARLY LOW
0.0366 NOK
YEARLY AVERAGE
0.0387 NOK

2016 SYP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SYP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0409. Conversely, the yearly low was recorded on May 2, dropping to 0.0366.

This high-to-low spread represents a total annual volatility of 0.0043 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0400 to the December average rate of 0.0401, the exchange rate registered a net change of 0.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0409 was down 11.35% compared to the 2015 peak of 0.0461, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 204 NOK
2015 Average 208 NOK
Yearly Trough Low 183 NOK
Transaction Impact: A difference of 21.51 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0404
0.0372
JanuMarcMayJulySeptNove

SYP 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 0.0384, compared to 0.0390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0384
H2 Avg (Jul–Dec) 0.0390

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0022 NOK (High: 0.0402 / Low: 0.0381). On the other end, February was the most stable month, with a tight range of 0.0008 NOK (High: 0.0396 / Low: 0.0388).

November Spread (Volatile) ±0.0022
February Spread (Stable) ±0.0008

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 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0401) against the same month in 2015 (average: 0.0394), the exchange rate shifted by +0.0008 (+1.99%).

2016 Avg (December) 0.0401
2015 Avg (December) 0.0394

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0407 0.0392 0.0400
February 0.0396 0.0388 0.0391
March 0.0394 0.0377 0.0385
April 0.0380 0.0367 0.0375
May 0.0382 0.0366 0.0375
June 0.0390 0.0370 0.0379
July 0.0398 0.0383 0.0392
August 0.0395 0.0380 0.0386
September 0.0389 0.0374 0.0383
October 0.0387 0.0373 0.0381
November 0.0402 0.0381 0.0394
December 0.0409 0.0391 0.0401