YEARLY HIGH
209.1023 BIF
YEARLY LOW
174.2458 BIF
YEARLY AVERAGE
192.6095 BIF

2016 NOK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 209.1023. Conversely, the yearly low was recorded on January 18, dropping to 174.2458.

This high-to-low spread represents a total annual volatility of 34.8565 BIF. From a start-to-finish perspective, comparing the January average rate of 177.2581 to the December average rate of 195.4840, the exchange rate registered a net change of 10.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 209.1023 was down 2.88% compared to the 2015 peak of 215.2930, 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 1,045,512 BIF
2015 Average 973,151 BIF
Yearly Trough Low 871,229 BIF
Transaction Impact: A difference of 174,282.63 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

206.9052
174.5629
JanuMarcMayJulySeptNove

NOK to BIF 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 185.7488, compared to 199.4702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.7214 points.

H1 Avg (Jan–Jun) 185.7488
H2 Avg (Jul–Dec) 199.4702

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 18.0101 BIF (High: 204.6126 / Low: 186.6025). On the other end, February was the most stable month, with a tight range of 3.7339 BIF (High: 182.8670 / Low: 179.1330).

June Spread (Volatile) ±18.0101
February Spread (Stable) ±3.7339

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 5.6137 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -5.6137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 204.2100) against the same month in 2015 (average: 188.4781), the exchange rate shifted by +15.7319 (+8.35%).

2016 Avg (October) 204.2100
2015 Avg (October) 188.4781

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 181.2993 174.2458 177.2581
February 182.8670 179.1330 181.2850
March 188.7318 181.1714 184.3860
April 193.3863 185.6951 188.8756
May 192.9858 186.2603 189.3208
June 204.6126 186.6025 193.3675
July 199.4215 193.4864 195.7816
August 203.8387 194.7025 200.1478
September 208.1407 199.4893 202.6018
October 209.1023 201.1984 204.2100
November 204.7241 194.3829 198.5963
December 200.7432 191.7834 195.4840