2016 NOK to HTG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NOK to HTG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NOK to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 8.1641. Conversely, the yearly low was recorded on January 6, dropping to 6.3624.
This high-to-low spread represents a total annual volatility of 1.8017 HTG. From a start-to-finish perspective, comparing the January average rate of 6.5854 to the December average rate of 7.7663, the exchange rate registered a net change of 17.93% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 8.1641 was up 17.27% compared to the 2015 peak of 6.9616, 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 HTG 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 7.2641, compared to 7.7532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4892 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 0.5113 HTG (High: 6.8737 / Low: 6.3624). On the other end, July was the most stable month, with a tight range of 0.1854 HTG (High: 7.5867 / Low: 7.4014).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2515 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2016: 7.9548) against the same month in 2015 (average: 6.4723), the exchange rate shifted by +1.4825 (+22.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.8737 | 6.3624 | 6.5854 |
| February | 7.1082 | 6.8365 | 7.0128 |
| March | 7.5018 | 7.1004 | 7.3074 |
| April | 7.7357 | 7.4229 | 7.5549 |
| May | 7.7359 | 7.4602 | 7.5660 |
| June | 7.7080 | 7.3516 | 7.5578 |
| July | 7.5867 | 7.4014 | 7.4723 |
| August | 7.8520 | 7.4696 | 7.7179 |
| September | 8.1593 | 7.7640 | 7.9047 |
| October | 8.1641 | 7.8115 | 7.9548 |
| November | 7.9134 | 7.5147 | 7.7033 |
| December | 7.9316 | 7.6858 | 7.7663 |