YEARLY HIGH
1.2946 NOK
YEARLY LOW
1.1556 NOK
YEARLY AVERAGE
1.2177 NOK

2016 BOB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BOB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.2946. Conversely, the yearly low was recorded on October 3, dropping to 1.1556.

This high-to-low spread represents a total annual volatility of 0.1390 NOK. From a start-to-finish perspective, comparing the January average rate of 1.2755 to the December average rate of 1.2386, the exchange rate registered a net change of -2.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.2946 was up 1.25% compared to the 2015 peak of 1.2786, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,473 NOK
2015 Average 5,841 NOK
Yearly Trough Low 5,778 NOK
Transaction Impact: A difference of 695.10 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.2850
1.1712
JanuMarcMayJulySeptNove

BOB 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 1.2264, compared to 1.2090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0174 points.

H1 Avg (Jan–Jun) 1.2264
H2 Avg (Jul–Dec) 1.2090

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0634 NOK (High: 1.2412 / Low: 1.1778). On the other end, February was the most stable month, with a tight range of 0.0318 NOK (High: 1.2677 / Low: 1.2358).

June Spread (Volatile) ±0.0634
February Spread (Stable) ±0.0318

Growth Streaks & Declines

Trends

Between May and July, 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 0.0419 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0419

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.2755) against the same month in 2015 (average: 1.1097), the exchange rate shifted by +0.1658 (+14.94%).

2016 Avg (January) 1.2755
2015 Avg (January) 1.1097

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2946 1.2506 1.2755
February 1.2677 1.2358 1.2484
March 1.2625 1.2150 1.2383
April 1.2192 1.1660 1.1964
May 1.2132 1.1606 1.1943
June 1.2412 1.1778 1.2053
July 1.2396 1.2069 1.2284
August 1.2286 1.1819 1.2006
September 1.2060 1.1586 1.1878
October 1.1981 1.1556 1.1807
November 1.2426 1.1811 1.2177
December 1.2616 1.2096 1.2386