YEARLY HIGH
23.7397 NOK
YEARLY LOW
21.1559 NOK
YEARLY AVERAGE
22.2799 NOK

2016 BHD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BHD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 23.7397. Conversely, the yearly low was recorded on October 3, dropping to 21.1559.

This high-to-low spread represents a total annual volatility of 2.5838 NOK. From a start-to-finish perspective, comparing the January average rate of 23.3778 to the December average rate of 22.7476, the exchange rate registered a net change of -2.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 23.7397 was up 1.28% compared to the 2015 peak of 23.4397, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 118,699 NOK
2015 Average 106,948 NOK
Yearly Trough Low 105,780 NOK
Transaction Impact: A difference of 12,919.05 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

23.5502
21.4812
JanuMarcMayJulySeptNove

BHD 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 22.3922, compared to 22.1676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2246 points.

H1 Avg (Jan–Jun) 22.3922
H2 Avg (Jul–Dec) 22.1676

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 1.2045 NOK (High: 22.8186 / Low: 21.6141). On the other end, February was the most stable month, with a tight range of 0.4636 NOK (High: 23.0988 / Low: 22.6351).

November Spread (Volatile) ±1.2045
February Spread (Stable) ±0.4636

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 0.6364 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6364

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 23.3778) against the same month in 2015 (average: 20.3408), the exchange rate shifted by +3.0370 (+14.93%).

2016 Avg (January) 23.3778
2015 Avg (January) 20.3408

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.7397 22.8955 23.3778
February 23.0988 22.6351 22.8242
March 22.9861 21.9857 22.4603
April 22.1030 21.3808 21.8238
May 22.1987 21.2952 21.8492
June 22.6499 21.5043 22.0179
July 22.7205 22.0206 22.4436
August 22.5658 21.6667 22.0263
September 22.1095 21.2105 21.7936
October 21.9527 21.1559 21.6536
November 22.8186 21.6141 22.3409
December 23.1250 22.1921 22.7476