YEARLY HIGH
0.4220 NOK
YEARLY LOW
0.3595 NOK
YEARLY AVERAGE
0.3849 NOK

2016 ETB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ETB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.4220. Conversely, the yearly low was recorded on October 3, dropping to 0.3595.

This high-to-low spread represents a total annual volatility of 0.0625 NOK. From a start-to-finish perspective, comparing the January average rate of 0.4147 to the December average rate of 0.3828, the exchange rate registered a net change of -7.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4220 was up 1.26% compared to the 2015 peak of 0.4168, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,110 NOK
2015 Average 1,949 NOK
Yearly Trough Low 1,797 NOK
Transaction Impact: A difference of 312.70 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4194
0.3631
JanuMarcMayJulySeptNove

ETB 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 0.3927, compared to 0.3770 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0158 points.

H1 Avg (Jan–Jun) 0.3927
H2 Avg (Jul–Dec) 0.3770

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0201 NOK (High: 0.4055 / Low: 0.3854). On the other end, February was the most stable month, with a tight range of 0.0077 NOK (High: 0.4084 / Low: 0.4007).

March Spread (Volatile) ±0.0201
February Spread (Stable) ±0.0077

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 0.0143 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.4147) against the same month in 2015 (average: 0.3788), the exchange rate shifted by +0.0359 (+9.47%).

2016 Avg (January) 0.4147
2015 Avg (January) 0.3788

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4220 0.4059 0.4147
February 0.4084 0.4007 0.4037
March 0.4055 0.3854 0.3959
April 0.3875 0.3729 0.3816
May 0.3844 0.3721 0.3798
June 0.3913 0.3729 0.3807
July 0.3892 0.3798 0.3857
August 0.3859 0.3706 0.3764
September 0.3778 0.3608 0.3717
October 0.3740 0.3595 0.3678
November 0.3852 0.3658 0.3774
December 0.3915 0.3741 0.3828