YEARLY HIGH
0.2099 AZN
YEARLY LOW
0.1749 AZN
YEARLY AVERAGE
0.1910 AZN

2016 NOK to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.2099. Conversely, the yearly low was recorded on January 6, dropping to 0.1749.

This high-to-low spread represents a total annual volatility of 0.0350 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1798 to the December average rate of 0.2067, the exchange rate registered a net change of 14.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2099 was up 16.87% compared to the 2015 peak of 0.1796, 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 1,050 AZN
2015 Average 633 AZN
Yearly Trough Low 875 AZN
Transaction Impact: A difference of 175.01 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2094
0.1771
JanuMarcMayJulySeptNove

NOK to AZN 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 0.1840, compared to 0.1981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 0.1840
H2 Avg (Jul–Dec) 0.1981

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0172 AZN (High: 0.1972 / Low: 0.1800). On the other end, April was the most stable month, with a tight range of 0.0048 AZN (High: 0.1868 / Low: 0.1820).

March Spread (Volatile) ±0.0172
April Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0063 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.2067) against the same month in 2015 (average: 0.1358), the exchange rate shifted by +0.0710 (+52.26%).

2016 Avg (December) 0.2067
2015 Avg (December) 0.1358

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1882 0.1749 0.1798
February 0.1877 0.1799 0.1838
March 0.1972 0.1800 0.1907
April 0.1868 0.1820 0.1844
May 0.1877 0.1780 0.1822
June 0.1885 0.1790 0.1831
July 0.1891 0.1821 0.1850
August 0.2000 0.1881 0.1956
September 0.2034 0.1975 0.2001
October 0.2038 0.1948 0.1982
November 0.2056 0.2003 0.2026
December 0.2099 0.2039 0.2067