YEARLY HIGH
0.1315 NOK
YEARLY LOW
0.1172 NOK
YEARLY AVERAGE
0.1239 NOK

2016 AFN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1315. Conversely, the yearly low was recorded on June 8, dropping to 0.1172.

This high-to-low spread represents a total annual volatility of 0.0143 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1285 to the December average rate of 0.1290, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1315 was down 8.38% compared to the 2015 peak of 0.1435, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 657 NOK
2015 Average 659 NOK
Yearly Trough Low 586 NOK
Transaction Impact: A difference of 71.39 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1299
0.1191
JanuMarcMayJulySeptNove

AFN 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 0.1229, compared to 0.1250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1229
H2 Avg (Jul–Dec) 0.1250

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0086 NOK (High: 0.1297 / Low: 0.1211). On the other end, July was the most stable month, with a tight range of 0.0032 NOK (High: 0.1243 / Low: 0.1212).

August Spread (Volatile) ±0.0086
July Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between May and August, 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 January and February, when the average rate fell by 0.0035 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1290) against the same month in 2015 (average: 0.1286), the exchange rate shifted by +0.0004 (+0.31%).

2016 Avg (December) 0.1290
2015 Avg (December) 0.1286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1305 0.1257 0.1285
February 0.1268 0.1234 0.1250
March 0.1262 0.1207 0.1236
April 0.1215 0.1179 0.1202
May 0.1215 0.1174 0.1200
June 0.1240 0.1172 0.1201
July 0.1243 0.1212 0.1233
August 0.1297 0.1211 0.1234
September 0.1250 0.1209 0.1232
October 0.1254 0.1210 0.1239
November 0.1290 0.1239 0.1270
December 0.1315 0.1255 0.1290