YEARLY HIGH
0.0059 NOK
YEARLY LOW
0.0053 NOK
YEARLY AVERAGE
0.0056 NOK

2016 LBP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LBP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0059. Conversely, the yearly low was recorded on October 1, dropping to 0.0053.

This high-to-low spread represents a total annual volatility of 0.0006 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0058 to the December average rate of 0.0057, the exchange rate registered a net change of -2.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0059 was up 1.33% compared to the 2015 peak of 0.0059, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 30 NOK
2015 Average 27 NOK
Yearly Trough Low 26 NOK
Transaction Impact: A difference of 3.18 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0059
0.0054
JanuMarcMayJulySeptNove

LBP 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 0.0056, compared to 0.0055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0056
H2 Avg (Jul–Dec) 0.0055

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0003 NOK (High: 0.0057 / Low: 0.0054). On the other end, February was the most stable month, with a tight range of 0.0001 NOK (High: 0.0058 / Low: 0.0057).

June Spread (Volatile) ±0.0003
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0058) against the same month in 2015 (average: 0.0051), the exchange rate shifted by +0.0008 (+14.97%).

2016 Avg (January) 0.0058
2015 Avg (January) 0.0051

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0059 0.0057 0.0058
February 0.0058 0.0057 0.0057
March 0.0057 0.0055 0.0056
April 0.0055 0.0053 0.0055
May 0.0055 0.0053 0.0055
June 0.0057 0.0054 0.0055
July 0.0057 0.0055 0.0056
August 0.0056 0.0054 0.0055
September 0.0055 0.0053 0.0054
October 0.0055 0.0053 0.0054
November 0.0057 0.0054 0.0056
December 0.0058 0.0055 0.0057