YEARLY HIGH
1.9008 NAD
YEARLY LOW
1.5832 NAD
YEARLY AVERAGE
1.7503 NAD

2016 NOK to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 1.9008. Conversely, the yearly low was recorded on December 29, dropping to 1.5832.

This high-to-low spread represents a total annual volatility of 0.3176 NAD. From a start-to-finish perspective, comparing the January average rate of 1.8473 to the December average rate of 1.6181, the exchange rate registered a net change of -12.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.9008 was up 4.02% compared to the 2015 peak of 1.8272, 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 9,504 NAD
2015 Average 7,908 NAD
Yearly Trough Low 7,916 NAD
Transaction Impact: A difference of 1,587.97 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.8817
1.5941
JanuMarcMayJulySeptNove

NOK to NAD 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 1.8246, compared to 1.6759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1487 points.

H1 Avg (Jan–Jun) 1.8246
H2 Avg (Jul–Dec) 1.6759

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.1510 NAD (High: 1.7522 / Low: 1.6011). On the other end, March was the most stable month, with a tight range of 0.0709 NAD (High: 1.8579 / Low: 1.7869).

August Spread (Volatile) ±0.1510
March Spread (Stable) ±0.0709

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1160 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.8473) against the same month in 2015 (average: 1.5081), the exchange rate shifted by +0.3392 (+22.49%).

2016 Avg (January) 1.8473
2015 Avg (January) 1.5081

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9008 1.7525 1.8473
February 1.8798 1.7736 1.8356
March 1.8579 1.7869 1.8148
April 1.8298 1.7459 1.7762
May 1.8976 1.7613 1.8577
June 1.8815 1.7650 1.8162
July 1.7541 1.6506 1.7002
August 1.7522 1.6011 1.6571
September 1.7528 1.6583 1.7126
October 1.7487 1.6410 1.7070
November 1.7041 1.6203 1.6607
December 1.6654 1.5832 1.6181