YEARLY HIGH
0.2262 NOK
YEARLY LOW
0.1869 NOK
YEARLY AVERAGE
0.2004 NOK

2016 GMD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GMD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.2262. Conversely, the yearly low was recorded on October 3, dropping to 0.1869.

This high-to-low spread represents a total annual volatility of 0.0393 NOK. From a start-to-finish perspective, comparing the January average rate of 0.2230 to the December average rate of 0.2002, the exchange rate registered a net change of -10.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2262 was up 0.80% compared to the 2015 peak of 0.2244, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,131 NOK
2015 Average 983 NOK
Yearly Trough Low 935 NOK
Transaction Impact: A difference of 196.31 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2262
0.1882
JanuMarcMayJulySeptNove

GMD 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 0.2050, compared to 0.1958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.2050
H2 Avg (Jul–Dec) 0.1958

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0271 NOK (High: 0.2209 / Low: 0.1939). On the other end, February was the most stable month, with a tight range of 0.0049 NOK (High: 0.2207 / Low: 0.2158).

March Spread (Volatile) ±0.0271
February Spread (Stable) ±0.0049

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 0.0159 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.2230) against the same month in 2015 (average: 0.1786), the exchange rate shifted by +0.0444 (+24.88%).

2016 Avg (January) 0.2230
2015 Avg (January) 0.1786

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2262 0.2188 0.2230
February 0.2207 0.2158 0.2180
March 0.2209 0.1939 0.2087
April 0.1955 0.1891 0.1929
May 0.1965 0.1876 0.1927
June 0.1996 0.1893 0.1945
July 0.2009 0.1945 0.1984
August 0.1999 0.1909 0.1947
September 0.1957 0.1881 0.1928
October 0.1941 0.1869 0.1913
November 0.2023 0.1914 0.1972
December 0.2041 0.1947 0.2002