YEARLY HIGH
0.1681 AUD
YEARLY LOW
0.1540 AUD
YEARLY AVERAGE
0.1602 AUD

2016 NOK to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 15, valuing the pair at 0.1681. Conversely, the yearly low was recorded on August 8, dropping to 0.1540.

This high-to-low spread represents a total annual volatility of 0.0141 AUD. From a start-to-finish perspective, comparing the January average rate of 0.1617 to the December average rate of 0.1591, the exchange rate registered a net change of -1.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1681 was down 3.60% compared to the 2015 peak of 0.1743, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 840 AUD
2015 Average 826 AUD
Yearly Trough Low 770 AUD
Transaction Impact: A difference of 70.35 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1671
0.1558
JanuMarcMayJulySeptNove

NOK to AUD 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 0.1616, compared to 0.1589 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.1616
H2 Avg (Jul–Dec) 0.1589

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0102 AUD (High: 0.1652 / Low: 0.1550). On the other end, December was the most stable month, with a tight range of 0.0033 AUD (High: 0.1608 / Low: 0.1576).

January Spread (Volatile) ±0.0102
December Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.0059 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.1662) against the same month in 2015 (average: 0.1680), the exchange rate shifted by -0.0018 (-1.09%).

2016 Avg (May) 0.1662
2015 Avg (May) 0.1680

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1652 0.1550 0.1617
February 0.1651 0.1602 0.1630
March 0.1609 0.1558 0.1572
April 0.1631 0.1566 0.1587
May 0.1681 0.1625 0.1662
June 0.1663 0.1582 0.1627
July 0.1607 0.1550 0.1568
August 0.1600 0.1540 0.1580
September 0.1633 0.1586 0.1605
October 0.1641 0.1580 0.1609
November 0.1597 0.1561 0.1579
December 0.1608 0.1576 0.1591