2016 NOK to BGN Historical Review

YEARLY HIGH

0.2188 BGN

YEARLY LOW

0.2016 BGN

YEARLY AVERAGE

0.2105 BGN

2016 NOK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 0.2188. Conversely, the yearly low was recorded on January 11, dropping to 0.2016.

This high-to-low spread represents a total annual volatility of 0.0173 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2043 to the December average rate of 0.2165, the exchange rate registered a net change of 5.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2188 was down 6.42% 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 BGN

2015 Average 1,094 BGN

Yearly Trough Low 1,008 BGN

Transaction Impact: A difference of 86.45 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2184

0.2030

JanuMarcMayJulySeptNove

NOK to BGN 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 0.2077, compared to 0.2134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.2077

H2 Avg (Jul–Dec) 0.2134

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.0082 BGN (High: 0.2181 / Low: 0.2099). On the other end, November was the most stable month, with a tight range of 0.0031 BGN (High: 0.2171 / Low: 0.2140).

September Spread (Volatile) ±0.0082

November Spread (Stable) ±0.0031

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 +0.0063 (+3.00%).

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	0.2016	0.2043
February	0.2070	0.2019	0.2047
March	0.2094	0.2057	0.2074
April	0.2129	0.2062	0.2097
May	0.2121	0.2089	0.2102
June	0.2118	0.2075	0.2096
July	0.2114	0.2066	0.2087
August	0.2133	0.2064	0.2102
September	0.2181	0.2099	0.2124
October	0.2188	0.2157	0.2172
November	0.2171	0.2140	0.2152
December	0.2184	0.2148	0.2165