2016 NOK to BAM Historical Review

YEARLY HIGH

0.2189 BAM

YEARLY LOW

0.2015 BAM

YEARLY AVERAGE

0.2105 BAM

2016 NOK to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 0.2189. Conversely, the yearly low was recorded on January 11, dropping to 0.2015.

This high-to-low spread represents a total annual volatility of 0.0174 BAM. From a start-to-finish perspective, comparing the January average rate of 0.2043 to the December average rate of 0.2166, the exchange rate registered a net change of 6.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2189 was down 6.44% compared to the 2015 peak of 0.2339, 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 1,094 BAM

2015 Average 1,095 BAM

Yearly Trough Low 1,008 BAM

Transaction Impact: A difference of 86.84 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2185

0.2030

JanuMarcMayJulySeptNove

NOK to BAM 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 0.2076, compared to 0.2135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.2076

H2 Avg (Jul–Dec) 0.2135

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.0080 BAM (High: 0.2179 / Low: 0.2099). On the other end, November was the most stable month, with a tight range of 0.0021 BAM (High: 0.2165 / Low: 0.2144).

September Spread (Volatile) ±0.0080

November Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.0019 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.2172) against the same month in 2015 (average: 0.2108), the exchange rate shifted by +0.0064 (+3.02%).

2016 Avg (October) 0.2172

2015 Avg (October) 0.2108

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2079	0.2015	0.2043
February	0.2070	0.2019	0.2047
March	0.2094	0.2057	0.2075
April	0.2128	0.2062	0.2097
May	0.2118	0.2088	0.2102
June	0.2119	0.2073	0.2096
July	0.2114	0.2067	0.2088
August	0.2134	0.2065	0.2103
September	0.2179	0.2099	0.2125
October	0.2189	0.2157	0.2172
November	0.2165	0.2144	0.2153
December	0.2185	0.2148	0.2166