YEARLY HIGH
0.1004 GBP
YEARLY LOW
0.0764 GBP
YEARLY AVERAGE
0.0882 GBP

2016 NOK to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.1004. Conversely, the yearly low was recorded on January 6, dropping to 0.0764.

This high-to-low spread represents a total annual volatility of 0.0240 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0788 to the December average rate of 0.0935, the exchange rate registered a net change of 18.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1004 was up 14.23% compared to the 2015 peak of 0.0879, 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 502 GBP
2015 Average 406 GBP
Yearly Trough Low 382 GBP
Transaction Impact: A difference of 120.13 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1013
0.0768
JanuMarcMayJulySeptNove

NOK to GBP 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 0.0827, compared to 0.0938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.0827
H2 Avg (Jul–Dec) 0.0938

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0079 GBP (High: 0.0898 / Low: 0.0819). On the other end, March was the most stable month, with a tight range of 0.0020 GBP (High: 0.0840 / Low: 0.0820).

June Spread (Volatile) ±0.0079
March Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0038 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.0992) against the same month in 2015 (average: 0.0789), the exchange rate shifted by +0.0203 (+25.78%).

2016 Avg (October) 0.0992
2015 Avg (October) 0.0789

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0809 0.0764 0.0788
February 0.0831 0.0797 0.0812
March 0.0840 0.0820 0.0828
April 0.0860 0.0839 0.0850
May 0.0851 0.0817 0.0837
June 0.0898 0.0819 0.0849
July 0.0920 0.0885 0.0898
August 0.0945 0.0887 0.0920
September 0.0964 0.0904 0.0926
October 0.1004 0.0964 0.0992
November 0.0993 0.0933 0.0954
December 0.0947 0.0922 0.0935