YEARLY HIGH
0.6308 NOK
YEARLY LOW
0.5262 NOK
YEARLY AVERAGE
0.5727 NOK

2016 SZL to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SZL to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.6308. Conversely, the yearly low was recorded on January 17, dropping to 0.5262.

This high-to-low spread represents a total annual volatility of 0.1046 NOK. From a start-to-finish perspective, comparing the January average rate of 0.5417 to the December average rate of 0.6177, the exchange rate registered a net change of 14.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6308 was down 7.62% compared to the 2015 peak of 0.6828, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,154 NOK
2015 Average 3,168 NOK
Yearly Trough Low 2,631 NOK
Transaction Impact: A difference of 523.04 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6256
0.5306
JanuMarcMayJulySeptNove

SZL 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 0.5483, compared to 0.5971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0488 points.

H1 Avg (Jan–Jun) 0.5483
H2 Avg (Jul–Dec) 0.5971

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0475 NOK (High: 0.6242 / Low: 0.5767). On the other end, March was the most stable month, with a tight range of 0.0214 NOK (High: 0.5597 / Low: 0.5383).

August Spread (Volatile) ±0.0475
March Spread (Stable) ±0.0214

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0246 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.6177) against the same month in 2015 (average: 0.5776), the exchange rate shifted by +0.0401 (+6.94%).

2016 Avg (December) 0.6177
2015 Avg (December) 0.5776

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5706 0.5262 0.5417
February 0.5639 0.5320 0.5447
March 0.5597 0.5383 0.5511
April 0.5726 0.5465 0.5631
May 0.5678 0.5269 0.5385
June 0.5662 0.5315 0.5507
July 0.6060 0.5695 0.5882
August 0.6242 0.5767 0.6044
September 0.6024 0.5705 0.5837
October 0.6093 0.5715 0.5860
November 0.6173 0.5864 0.6024
December 0.6308 0.6004 0.6177