YEARLY HIGH
0.4730 BRL
YEARLY LOW
0.3725 BRL
YEARLY AVERAGE
0.4151 BRL

2016 NOK to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.4730. Conversely, the yearly low was recorded on August 7, dropping to 0.3725.

This high-to-low spread represents a total annual volatility of 0.1005 BRL. From a start-to-finish perspective, comparing the January average rate of 0.4589 to the December average rate of 0.3916, the exchange rate registered a net change of -14.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4730 was down 5.45% compared to the 2015 peak of 0.5003, 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 2,365 BRL
2015 Average 2,061 BRL
Yearly Trough Low 1,863 BRL
Transaction Impact: A difference of 502.46 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4689
0.3789
JanuMarcMayJulySeptNove

NOK to BRL 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 0.4384, compared to 0.3917 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0467 points.

H1 Avg (Jan–Jun) 0.4384
H2 Avg (Jul–Dec) 0.3917

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0483 BRL (High: 0.4335 / Low: 0.3852). On the other end, May was the most stable month, with a tight range of 0.0129 BRL (High: 0.4366 / Low: 0.4237).

June Spread (Volatile) ±0.0483
May Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0262 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0262

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.4589) against the same month in 2015 (average: 0.3436), the exchange rate shifted by +0.1152 (+33.54%).

2016 Avg (January) 0.4589
2015 Avg (January) 0.3436

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4730 0.4473 0.4589
February 0.4702 0.4532 0.4614
March 0.4555 0.4260 0.4360
April 0.4426 0.4234 0.4317
May 0.4366 0.4237 0.4296
June 0.4335 0.3852 0.4129
July 0.3950 0.3818 0.3867
August 0.3958 0.3725 0.3864
September 0.4068 0.3900 0.3961
October 0.4080 0.3766 0.3914
November 0.4069 0.3864 0.3979
December 0.4179 0.3758 0.3916