YEARLY HIGH
22.2368 DJF
YEARLY LOW
19.8557 DJF
YEARLY AVERAGE
21.1669 DJF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 111,184 DJF
2015 Average 110,343 DJF
Yearly Trough Low 99,279 DJF
Transaction Impact: A difference of 11,905.41 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

21.9241
20.0076
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 21.0624
H2 Avg (Jul–Dec) 21.2714

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±1.1898
February Spread (Stable) ±0.4174

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6228

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (October) 21.7644
2015 Avg (October) 21.4783

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