YEARLY HIGH
11.5993 LRD
YEARLY LOW
9.5048 LRD
YEARLY AVERAGE
10.6438 LRD

2016 NOK to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 11.5993. Conversely, the yearly low was recorded on January 11, dropping to 9.5048.

This high-to-low spread represents a total annual volatility of 2.0945 LRD. From a start-to-finish perspective, comparing the January average rate of 9.7124 to the December average rate of 10.7270, the exchange rate registered a net change of 10.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.5993 was down 4.89% compared to the 2015 peak of 12.1961, 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 57,997 LRD
2015 Average 53,370 LRD
Yearly Trough Low 47,524 LRD
Transaction Impact: A difference of 10,472.60 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.3557
9.5630
JanuMarcMayJulySeptNove

NOK to LRD 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 10.3535, compared to 10.9341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5806 points.

H1 Avg (Jan–Jun) 10.3535
H2 Avg (Jul–Dec) 10.9341

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 1.0628 LRD (High: 11.2248 / Low: 10.1620). On the other end, February was the most stable month, with a tight range of 0.2537 LRD (High: 9.9349 / Low: 9.6812).

April Spread (Volatile) ±1.0628
February Spread (Stable) ±0.2537

Growth Streaks & Declines

Trends

Between 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 0.3938 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3938

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 11.0563) against the same month in 2015 (average: 10.5289), the exchange rate shifted by +0.5274 (+5.01%).

2016 Avg (August) 11.0563
2015 Avg (August) 10.5289

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.0510 9.5048 9.7124
February 9.9349 9.6812 9.8226
March 10.2174 9.7692 10.0000
April 11.2248 10.1620 10.6954
May 11.2765 10.8117 10.9883
June 11.1614 10.5946 10.9022
July 10.8993 10.5279 10.6660
August 11.5993 10.6059 11.0563
September 11.4470 10.9480 11.1367
October 11.4946 10.9033 11.2063
November 11.1812 10.5731 10.8126
December 10.9126 10.4700 10.7270