YEARLY HIGH
0.8654 BOB
YEARLY LOW
0.7724 BOB
YEARLY AVERAGE
0.8218 BOB

2016 NOK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.8654. Conversely, the yearly low was recorded on January 6, dropping to 0.7724.

This high-to-low spread represents a total annual volatility of 0.0929 BOB. From a start-to-finish perspective, comparing the January average rate of 0.7841 to the December average rate of 0.8075, the exchange rate registered a net change of 2.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8654 was down 8.29% compared to the 2015 peak of 0.9436, 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 4,327 BOB
2015 Average 4,290 BOB
Yearly Trough Low 3,862 BOB
Transaction Impact: A difference of 464.63 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8534
0.7778
JanuMarcMayJulySeptNove

NOK to BOB 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 0.8160, compared to 0.8276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.8160
H2 Avg (Jul–Dec) 0.8276

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0434 BOB (High: 0.8491 / Low: 0.8057). On the other end, February was the most stable month, with a tight range of 0.0203 BOB (High: 0.8092 / Low: 0.7888).

June Spread (Volatile) ±0.0434
February Spread (Stable) ±0.0203

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 0.0256 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.8471) against the same month in 2015 (average: 0.8357), the exchange rate shifted by +0.0114 (+1.37%).

2016 Avg (October) 0.8471
2015 Avg (October) 0.8357

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7996 0.7724 0.7841
February 0.8092 0.7888 0.8011
March 0.8231 0.7921 0.8076
April 0.8576 0.8202 0.8360
May 0.8616 0.8243 0.8374
June 0.8491 0.8057 0.8298
July 0.8285 0.8067 0.8141
August 0.8461 0.8139 0.8331
September 0.8631 0.8292 0.8420
October 0.8654 0.8346 0.8471
November 0.8466 0.8048 0.8215
December 0.8267 0.7926 0.8075