YEARLY HIGH
1144.1233 GNF
YEARLY LOW
863.0583 GNF
YEARLY AVERAGE
996.5372 GNF

2016 NOK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1144.1233. Conversely, the yearly low was recorded on January 6, dropping to 863.0583.

This high-to-low spread represents a total annual volatility of 281.0650 GNF. From a start-to-finish perspective, comparing the January average rate of 878.0796 to the December average rate of 1082.4811, the exchange rate registered a net change of 23.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1144.1233 was up 13.29% compared to the 2015 peak of 1009.9306, 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 5,720,617 GNF
2015 Average 4,562,233 GNF
Yearly Trough Low 4,315,291 GNF
Transaction Impact: A difference of 1,405,325.05 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1136.4278
854.5934
JanuMarcMayJulySeptNove

NOK to GNF 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 904.5159, compared to 1088.5586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 184.0427 points.

H1 Avg (Jan–Jun) 904.5159
H2 Avg (Jul–Dec) 1088.5586

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 183.0196 GNF (High: 1059.2062 / Low: 876.1867). On the other end, April was the most stable month, with a tight range of 26.4976 GNF (High: 936.5703 / Low: 910.0727).

June Spread (Volatile) ±183.0196
April Spread (Stable) ±26.4976

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 29.3447 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -29.3447

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 1112.9416) against the same month in 2015 (average: 885.6301), the exchange rate shifted by +227.3115 (+25.67%).

2016 Avg (October) 1112.9416
2015 Avg (October) 885.6301

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 897.2517 863.0583 878.0796
February 907.6799 877.1626 894.7898
March 916.6617 882.2660 899.4835
April 936.5703 910.0727 921.8313
May 938.3511 877.7528 898.3859
June 1059.2062 876.1867 934.5255
July 1082.9915 1044.6503 1057.0571
August 1103.2092 1056.0214 1089.1975
September 1137.3091 1084.1901 1106.0773
October 1144.1233 1095.2211 1112.9416
November 1122.5107 1052.1646 1083.5968
December 1094.2411 1057.6238 1082.4811