YEARLY HIGH
0.3859 LTL
YEARLY LOW
0.3483 LTL
YEARLY AVERAGE
0.3676 LTL

2016 NOK to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 0.3859. Conversely, the yearly low was recorded on January 11, dropping to 0.3483.

This high-to-low spread represents a total annual volatility of 0.0376 LTL. From a start-to-finish perspective, comparing the January average rate of 0.3531 to the December average rate of 0.3823, the exchange rate registered a net change of 8.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3859 was down 5.38% compared to the 2015 peak of 0.4078, 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 1,929 LTL
2015 Average 1,877 LTL
Yearly Trough Low 1,742 LTL
Transaction Impact: A difference of 187.81 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3852
0.3501
JanuMarcMayJulySeptNove

NOK to LTL 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 0.3622, compared to 0.3730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.3622
H2 Avg (Jul–Dec) 0.3730

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0161 LTL (High: 0.3751 / Low: 0.3590). On the other end, December was the most stable month, with a tight range of 0.0066 LTL (High: 0.3859 / Low: 0.3793).

June Spread (Volatile) ±0.0161
December Spread (Stable) ±0.0066

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 June and July, when the average rate fell by 0.0023 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.3823) against the same month in 2015 (average: 0.3578), the exchange rate shifted by +0.0245 (+6.84%).

2016 Avg (December) 0.3823
2015 Avg (December) 0.3578

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3600 0.3483 0.3531
February 0.3610 0.3527 0.3565
March 0.3661 0.3576 0.3619
April 0.3740 0.3623 0.3676
May 0.3748 0.3638 0.3677
June 0.3751 0.3590 0.3666
July 0.3702 0.3608 0.3643
August 0.3739 0.3618 0.3677
September 0.3786 0.3650 0.3703
October 0.3806 0.3725 0.3770
November 0.3819 0.3684 0.3762
December 0.3859 0.3793 0.3823