YEARLY HIGH
0.0096 NOK
YEARLY LOW
0.0072 NOK
YEARLY AVERAGE
0.0087 NOK

2016 CDF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CDF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0096. Conversely, the yearly low was recorded on December 12, dropping to 0.0072.

This high-to-low spread represents a total annual volatility of 0.0024 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0095 to the December average rate of 0.0074, the exchange rate registered a net change of -22.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0096 was up 0.93% compared to the 2015 peak of 0.0096, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48 NOK
2015 Average 44 NOK
Yearly Trough Low 36 NOK
Transaction Impact: A difference of 12.16 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0097
0.0071
JanuMarcMayJulySeptNove

CDF 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 0.0091, compared to 0.0083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0091
H2 Avg (Jul–Dec) 0.0083

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0018 NOK (High: 0.0093 / Low: 0.0075). On the other end, February was the most stable month, with a tight range of 0.0002 NOK (High: 0.0094 / Low: 0.0092).

November Spread (Volatile) ±0.0018
February Spread (Stable) ±0.0002

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 November and December, when the average rate fell by 0.0012 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0095) against the same month in 2015 (average: 0.0083), the exchange rate shifted by +0.0012 (+14.77%).

2016 Avg (January) 0.0095
2015 Avg (January) 0.0083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0096 0.0093 0.0095
February 0.0094 0.0092 0.0093
March 0.0094 0.0089 0.0091
April 0.0090 0.0087 0.0089
May 0.0090 0.0086 0.0089
June 0.0091 0.0085 0.0088
July 0.0090 0.0086 0.0089
August 0.0087 0.0083 0.0085
September 0.0085 0.0082 0.0084
October 0.0086 0.0082 0.0084
November 0.0093 0.0075 0.0085
December 0.0075 0.0072 0.0074