YEARLY HIGH
0.1052 NOK
YEARLY LOW
0.0862 NOK
YEARLY AVERAGE
0.0942 NOK

2016 LRD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LRD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.1052. Conversely, the yearly low was recorded on August 18, dropping to 0.0862.

This high-to-low spread represents a total annual volatility of 0.0190 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1030 to the December average rate of 0.0932, the exchange rate registered a net change of -9.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1052 was up 1.77% compared to the 2015 peak of 0.1034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 526 NOK
2015 Average 470 NOK
Yearly Trough Low 431 NOK
Transaction Impact: A difference of 94.99 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1044
0.0879
JanuMarcMayJulySeptNove

LRD 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 0.0969, compared to 0.0915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.0969
H2 Avg (Jul–Dec) 0.0915

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0093 NOK (High: 0.0984 / Low: 0.0891). On the other end, February was the most stable month, with a tight range of 0.0026 NOK (High: 0.1033 / Low: 0.1007).

April Spread (Volatile) ±0.0093
February Spread (Stable) ±0.0026

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 0.0064 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1030) against the same month in 2015 (average: 0.0838), the exchange rate shifted by +0.0191 (+22.84%).

2016 Avg (January) 0.1030
2015 Avg (January) 0.0838

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1052 0.0995 0.1030
February 0.1033 0.1007 0.1018
March 0.1024 0.0979 0.1000
April 0.0984 0.0891 0.0936
May 0.0925 0.0887 0.0910
June 0.0944 0.0896 0.0917
July 0.0950 0.0917 0.0938
August 0.0943 0.0862 0.0905
September 0.0913 0.0874 0.0898
October 0.0917 0.0870 0.0893
November 0.0946 0.0894 0.0925
December 0.0955 0.0916 0.0932