YEARLY HIGH
0.0057 NOK
YEARLY LOW
0.0048 NOK
YEARLY AVERAGE
0.0052 NOK

2016 BIF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BIF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0057. Conversely, the yearly low was recorded on October 3, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0010 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0056 to the December average rate of 0.0051, the exchange rate registered a net change of -9.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0057 was up 1.23% compared to the 2015 peak of 0.0057, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 29 NOK
2015 Average 26 NOK
Yearly Trough Low 24 NOK
Transaction Impact: A difference of 4.78 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0057
0.0048
JanuMarcMayJulySeptNove

BIF 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 0.0054, compared to 0.0050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0054
H2 Avg (Jul–Dec) 0.0050

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0005 NOK (High: 0.0054 / Low: 0.0049). On the other end, February was the most stable month, with a tight range of 0.0001 NOK (High: 0.0056 / Low: 0.0055).

June Spread (Volatile) ±0.0005
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0056) against the same month in 2015 (average: 0.0049), the exchange rate shifted by +0.0007 (+15.27%).

2016 Avg (January) 0.0056
2015 Avg (January) 0.0049

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0057 0.0055 0.0056
February 0.0056 0.0055 0.0055
March 0.0055 0.0053 0.0054
April 0.0054 0.0052 0.0053
May 0.0054 0.0052 0.0053
June 0.0054 0.0049 0.0052
July 0.0052 0.0050 0.0051
August 0.0051 0.0049 0.0050
September 0.0050 0.0048 0.0049
October 0.0050 0.0048 0.0049
November 0.0051 0.0049 0.0050
December 0.0052 0.0050 0.0051