2016 NOK to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NOK to DJF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NOK to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 22.2368. Conversely, the yearly low was recorded on January 6, dropping to 19.8557.
This high-to-low spread represents a total annual volatility of 2.3811 DJF. From a start-to-finish perspective, comparing the January average rate of 20.1673 to the December average rate of 20.8217, the exchange rate registered a net change of 3.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 22.2368 was down 8.20% compared to the 2015 peak of 24.2227, 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 DJF 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 21.0624, compared to 21.2714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2090 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 1.1898 DJF (High: 21.8546 / Low: 20.6648). On the other end, February was the most stable month, with a tight range of 0.4174 DJF (High: 20.8116 / Low: 20.3942).
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 October and November, when the average rate fell by 0.6228 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2016: 21.7644) against the same month in 2015 (average: 21.4783), the exchange rate shifted by +0.2862 (+1.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.5862 | 19.8557 | 20.1673 |
| February | 20.8116 | 20.3942 | 20.6462 |
| March | 21.4554 | 20.5013 | 20.9854 |
| April | 22.0487 | 21.3179 | 21.5985 |
| May | 22.1205 | 21.2376 | 21.5637 |
| June | 21.9356 | 20.8062 | 21.4130 |
| July | 21.3714 | 20.7078 | 20.9427 |
| August | 21.7055 | 20.8354 | 21.3591 |
| September | 22.2223 | 21.2986 | 21.5985 |
| October | 22.2368 | 21.4307 | 21.7644 |
| November | 21.8546 | 20.6648 | 21.1417 |
| December | 21.2906 | 20.4109 | 20.8217 |