2016 NOK to NGN Historical Review

YEARLY HIGH

42.3763 NGN

YEARLY LOW

22.2457 NGN

YEARLY AVERAGE

30.6977 NGN

2016 NOK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 42.3763. Conversely, the yearly low was recorded on January 6, dropping to 22.2457.

This high-to-low spread represents a total annual volatility of 20.1306 NGN. From a start-to-finish perspective, comparing the January average rate of 22.5972 to the December average rate of 36.7354, the exchange rate registered a net change of 62.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 42.3763 was up 55.99% compared to the 2015 peak of 27.1661, 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 211,881 NGN

2015 Average 122,891 NGN

Yearly Trough Low 111,228 NGN

Transaction Impact: A difference of 100,652.96 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

40.4550

20.9737

JanuMarcMayJulySeptNove

NOK to NGN 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 24.0916, compared to 37.3038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.2122 points.

H1 Avg (Jan–Jun) 24.0916

H2 Avg (Jul–Dec) 37.3038

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 10.8999 NGN (High: 34.6493 / Low: 23.7493). On the other end, February was the most stable month, with a tight range of 0.4698 NGN (High: 23.3153 / Low: 22.8455).

June Spread (Volatile) ±10.8999

February Spread (Stable) ±0.4698

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.0740 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.0740

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 38.8316) against the same month in 2015 (average: 24.1364), the exchange rate shifted by +14.6952 (+60.88%).

2016 Avg (August) 38.8316

2015 Avg (August) 24.1364

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.0446	22.2457	22.5972
February	23.3153	22.8455	23.1222
March	24.0076	22.9592	23.5004
April	24.6945	23.8997	24.1958
May	24.8021	23.7945	24.1711
June	34.6493	23.7493	26.9627
July	37.8360	33.1056	34.5494
August	42.3763	37.4485	38.8316
September	39.0887	37.3736	38.1013
October	39.3724	37.8947	38.3396
November	38.4809	36.3670	37.2655
December	37.6641	35.3647	36.7354