YEARLY HIGH
2.8710 NOK
YEARLY LOW
2.5915 NOK
YEARLY AVERAGE
2.7219 NOK

2016 LTL to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LTL to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 2.8710. Conversely, the yearly low was recorded on December 13, dropping to 2.5915.

This high-to-low spread represents a total annual volatility of 0.2795 NOK. From a start-to-finish perspective, comparing the January average rate of 2.8326 to the December average rate of 2.6160, the exchange rate registered a net change of -7.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.8710 was up 1.01% compared to the 2015 peak of 2.8421, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,355 NOK
2015 Average 13,337 NOK
Yearly Trough Low 12,958 NOK
Transaction Impact: A difference of 1,397.31 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.8543
2.5944
JanuMarcMayJulySeptNove

LTL 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 2.7616, compared to 2.6822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0794 points.

H1 Avg (Jan–Jun) 2.7616
H2 Avg (Jul–Dec) 2.6822

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1198 NOK (High: 2.7856 / Low: 2.6659). On the other end, December was the most stable month, with a tight range of 0.0450 NOK (High: 2.6365 / Low: 2.5915).

June Spread (Volatile) ±0.1198
December Spread (Stable) ±0.0450

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 September and October, when the average rate fell by 0.0487 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0487

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.8326) against the same month in 2015 (average: 2.6084), the exchange rate shifted by +0.2243 (+8.60%).

2016 Avg (January) 2.8326
2015 Avg (January) 2.6084

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8710 2.7774 2.8326
February 2.8350 2.7704 2.8049
March 2.7968 2.7314 2.7632
April 2.7598 2.6741 2.7205
May 2.7485 2.6681 2.7201
June 2.7856 2.6659 2.7284
July 2.7715 2.7014 2.7453
August 2.7642 2.6747 2.7195
September 2.7395 2.6410 2.7012
October 2.6845 2.6271 2.6524
November 2.7144 2.6182 2.6586
December 2.6365 2.5915 2.6160