2016 NOK to BYR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NOK to BYR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NOK to BYR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 2573.0014. Conversely, the yearly low was recorded on January 4, dropping to 2096.2183.
This high-to-low spread represents a total annual volatility of 476.7831 BYR. From a start-to-finish perspective, comparing the January average rate of 2254.5684 to the December average rate of 2336.4030, the exchange rate registered a net change of 3.63% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 2573.0014 was up 17.64% compared to the 2015 peak of 2187.1140, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NOK to BYR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanāJun) was 2398.2030, compared to 2397.2634 in the second half (H2: JulāDec). This shows that the rate was stronger in the first half (JanāJun) by a margin of 0.9396 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 363.5939 BYR (High: 2459.8122 / Low: 2096.2183). On the other end, May was the most stable month, with a tight range of 51.1579 BYR (High: 2391.5864 / Low: 2340.4284).
Growth Streaks & Declines
TrendsBetween July and October, 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 February and March, when the average rate fell by 81.0004 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 2518.6490) against the same month in 2015 (average: 2001.8616), the exchange rate shifted by +516.7875 (+25.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2459.8122 | 2096.2183 | 2254.5684 |
| February | 2573.0014 | 2435.4825 | 2518.6490 |
| March | 2500.3783 | 2376.0462 | 2437.6487 |
| April | 2451.0100 | 2383.5719 | 2414.3373 |
| May | 2391.5864 | 2340.4284 | 2364.1836 |
| June | 2448.3060 | 2343.1016 | 2399.8311 |
| July | 2413.0786 | 2336.1128 | 2365.8170 |
| August | 2451.6201 | 2353.4215 | 2411.5757 |
| September | 2505.3513 | 2402.7188 | 2437.8595 |
| October | 2510.8212 | 2419.4041 | 2453.4701 |
| November | 2453.8993 | 2327.7854 | 2378.4552 |
| December | 2394.9396 | 2297.8057 | 2336.4030 |