YEARLY HIGH
397.6311 COP
YEARLY LOW
343.3193 COP
YEARLY AVERAGE
363.3523 COP

2016 NOK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 397.6311. Conversely, the yearly low was recorded on December 25, dropping to 343.3193.

This high-to-low spread represents a total annual volatility of 54.3118 COP. From a start-to-finish perspective, comparing the January average rate of 372.3427 to the December average rate of 351.3750, the exchange rate registered a net change of -5.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 397.6311 was up 2.74% compared to the 2015 peak of 387.0105, 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 1,988,156 COP
2015 Average 1,697,386 COP
Yearly Trough Low 1,716,596 COP
Transaction Impact: A difference of 271,559.07 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

393.9446
346.2142
JanuMarcMayJulySeptNove

NOK to COP 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 369.8215, compared to 356.8831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.9385 points.

H1 Avg (Jan–Jun) 369.8215
H2 Avg (Jul–Dec) 356.8831

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 26.6079 COP (High: 372.6349 / Low: 346.0270). On the other end, November was the most stable month, with a tight range of 11.7426 COP (High: 375.5304 / Low: 363.7877).

June Spread (Volatile) ±26.6079
November Spread (Stable) ±11.7426

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 20.9014 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -20.9014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 389.9671) against the same month in 2015 (average: 318.6361), the exchange rate shifted by +71.3310 (+22.39%).

2016 Avg (February) 389.9671
2015 Avg (February) 318.6361

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 385.5891 359.4400 372.3427
February 397.6311 380.1222 389.9671
March 376.8515 359.5201 369.0657
April 375.8604 355.4678 364.2297
May 369.0339 354.0695 363.6447
June 372.6349 346.0270 359.6793
July 364.1856 344.3851 350.1917
August 366.7150 347.6714 355.7631
September 361.8642 348.5963 355.5035
October 368.0118 354.3442 359.0495
November 375.5304 363.7877 369.4155
December 366.5582 343.3193 351.3750