YEARLY HIGH
0.2503 BZD
YEARLY LOW
0.2231 BZD
YEARLY AVERAGE
0.2381 BZD

2016 NOK to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.2503. Conversely, the yearly low was recorded on January 6, dropping to 0.2231.

This high-to-low spread represents a total annual volatility of 0.0273 BZD. From a start-to-finish perspective, comparing the January average rate of 0.2265 to the December average rate of 0.2340, the exchange rate registered a net change of 3.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2503 was down 8.34% compared to the 2015 peak of 0.2731, 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 1,252 BZD
2015 Average 1,242 BZD
Yearly Trough Low 1,115 BZD
Transaction Impact: A difference of 136.35 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2468
0.2246
JanuMarcMayJulySeptNove

NOK to BZD 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 0.2368, compared to 0.2395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.2368
H2 Avg (Jul–Dec) 0.2395

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0125 BZD (High: 0.2466 / Low: 0.2340). On the other end, February was the most stable month, with a tight range of 0.0044 BZD (High: 0.2336 / Low: 0.2292).

June Spread (Volatile) ±0.0125
February Spread (Stable) ±0.0044

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 0.0073 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.2449) against the same month in 2015 (average: 0.2414), the exchange rate shifted by +0.0035 (+1.46%).

2016 Avg (October) 0.2449
2015 Avg (October) 0.2414

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2309 0.2231 0.2265
February 0.2336 0.2292 0.2318
March 0.2407 0.2302 0.2357
April 0.2483 0.2395 0.2426
May 0.2487 0.2397 0.2429
June 0.2466 0.2340 0.2413
July 0.2406 0.2337 0.2362
August 0.2450 0.2347 0.2407
September 0.2500 0.2396 0.2434
October 0.2503 0.2411 0.2449
November 0.2448 0.2326 0.2376
December 0.2388 0.2304 0.2340