2016 NOK to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NOK to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NOK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 138.5675. Conversely, the yearly low was recorded on January 6, dropping to 103.6458.
This high-to-low spread represents a total annual volatility of 34.9217 CDF. From a start-to-finish perspective, comparing the January average rate of 105.2041 to the December average rate of 135.8893, the exchange rate registered a net change of 29.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 138.5675 was up 9.52% compared to the 2015 peak of 126.5228, 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 CDF 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: Jan–Jun) was 110.2020, compared to 120.3370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.1350 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 26.1716 CDF (High: 133.6181 / Low: 107.4465). On the other end, February was the most stable month, with a tight range of 2.3616 CDF (High: 108.8402 / Low: 106.4786).
Growth Streaks & Declines
TrendsBetween January and April, 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 June and July, when the average rate fell by 0.7794 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 135.8893) against the same month in 2015 (average: 106.7211), the exchange rate shifted by +29.1683 (+27.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 107.5670 | 103.6458 | 105.2041 |
| February | 108.8402 | 106.4786 | 107.8818 |
| March | 111.8340 | 106.5974 | 109.4845 |
| April | 115.1748 | 111.4324 | 112.8102 |
| May | 115.7435 | 110.9655 | 112.6561 |
| June | 117.5240 | 110.2676 | 113.1752 |
| July | 115.7203 | 110.9281 | 112.3958 |
| August | 119.8710 | 114.6377 | 117.6209 |
| September | 122.6219 | 117.1563 | 118.8481 |
| October | 122.6143 | 116.0291 | 119.0072 |
| November | 133.6181 | 107.4465 | 118.2604 |
| December | 138.5675 | 133.5070 | 135.8893 |