YEARLY HIGH
0.2508 BBD
YEARLY LOW
0.2235 BBD
YEARLY AVERAGE
0.2383 BBD

2016 NOK to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.2508. Conversely, the yearly low was recorded on January 6, dropping to 0.2235.

This high-to-low spread represents a total annual volatility of 0.0272 BBD. From a start-to-finish perspective, comparing the January average rate of 0.2270 to the December average rate of 0.2337, the exchange rate registered a net change of 2.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2508 was down 8.25% compared to the 2015 peak of 0.2733, 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 1,254 BBD
2015 Average 1,242 BBD
Yearly Trough Low 1,118 BBD
Transaction Impact: A difference of 136.10 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2468
0.2252
JanuMarcMayJulySeptNove

NOK to BBD 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 0.2371, compared to 0.2395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.2371
H2 Avg (Jul–Dec) 0.2395

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0126 BBD (High: 0.2451 / Low: 0.2325). On the other end, February was the most stable month, with a tight range of 0.0047 BBD (High: 0.2343 / Low: 0.2296).

November Spread (Volatile) ±0.0126
February Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0075 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.2450) against the same month in 2015 (average: 0.2419), the exchange rate shifted by +0.0031 (+1.30%).

2016 Avg (October) 0.2450
2015 Avg (October) 0.2419

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2318 0.2235 0.2270
February 0.2343 0.2296 0.2324
March 0.2414 0.2308 0.2362
April 0.2481 0.2400 0.2431
May 0.2492 0.2390 0.2428
June 0.2467 0.2341 0.2410
July 0.2409 0.2333 0.2362
August 0.2448 0.2350 0.2408
September 0.2502 0.2400 0.2435
October 0.2508 0.2416 0.2450
November 0.2451 0.2325 0.2375
December 0.2392 0.2300 0.2337