YEARLY HIGH
0.5137 NOK
YEARLY LOW
0.4034 NOK
YEARLY AVERAGE
0.4506 NOK

2016 MXN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MXN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.5137. Conversely, the yearly low was recorded on November 12, dropping to 0.4034.

This high-to-low spread represents a total annual volatility of 0.1104 NOK. From a start-to-finish perspective, comparing the January average rate of 0.4891 to the December average rate of 0.4176, the exchange rate registered a net change of -14.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5137 was down 5.08% compared to the 2015 peak of 0.5413, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 25,687 NOK
2015 Average 25,420 NOK
Yearly Trough Low 20,169 NOK
Transaction Impact: A difference of 5,518.34 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4962
0.4105
JanuMarcMayJulySeptNove

MXN 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 0.4676, compared to 0.4336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0339 points.

H1 Avg (Jan–Jun) 0.4676
H2 Avg (Jul–Dec) 0.4336

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0443 NOK (High: 0.4477 / Low: 0.4034). On the other end, March was the most stable month, with a tight range of 0.0095 NOK (High: 0.4849 / Low: 0.4753).

November Spread (Volatile) ±0.0443
March Spread (Stable) ±0.0095

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 January and February, when the average rate fell by 0.0228 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0228

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.4891) against the same month in 2015 (average: 0.5219), the exchange rate shifted by -0.0328 (-6.28%).

2016 Avg (January) 0.4891
2015 Avg (January) 0.5219

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5137 0.4700 0.4891
February 0.4786 0.4490 0.4663
March 0.4849 0.4753 0.4804
April 0.4799 0.4628 0.4705
May 0.4689 0.4484 0.4544
June 0.4556 0.4383 0.4448
July 0.4606 0.4478 0.4558
August 0.4562 0.4436 0.4493
September 0.4475 0.4083 0.4282
October 0.4466 0.4120 0.4312
November 0.4477 0.4034 0.4197
December 0.4262 0.4066 0.4176