2016 NOK to CAD Historical Review

YEARLY HIGH

0.1650 CAD

YEARLY LOW

0.1529 CAD

YEARLY AVERAGE

0.1578 CAD

2016 NOK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.1650. Conversely, the yearly low was recorded on June 27, dropping to 0.1529.

This high-to-low spread represents a total annual volatility of 0.0121 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1610 to the December average rate of 0.1558, the exchange rate registered a net change of -3.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1650 was down 0.81% compared to the 2015 peak of 0.1664, 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 825 CAD

2015 Average 793 CAD

Yearly Trough Low 764 CAD

Transaction Impact: A difference of 60.71 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1631

0.1530

JanuMarcMayJulySeptNove

NOK to CAD 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 0.1576, compared to 0.1579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1576

H2 Avg (Jul–Dec) 0.1579

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0085 CAD (High: 0.1650 / Low: 0.1565). On the other end, July was the most stable month, with a tight range of 0.0019 CAD (High: 0.1550 / Low: 0.1530).

January Spread (Volatile) ±0.0085

July Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between 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 0.0041 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1610) against the same month in 2015 (average: 0.1576), the exchange rate shifted by +0.0035 (+2.20%).

2016 Avg (January) 0.1610

2015 Avg (January) 0.1576

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1650	0.1565	0.1610
February	0.1631	0.1555	0.1603
March	0.1573	0.1551	0.1561
April	0.1579	0.1538	0.1560
May	0.1579	0.1558	0.1571
June	0.1583	0.1529	0.1553
July	0.1550	0.1530	0.1539
August	0.1578	0.1545	0.1565
September	0.1641	0.1559	0.1594
October	0.1646	0.1597	0.1623
November	0.1641	0.1567	0.1598
December	0.1583	0.1536	0.1558