YEARLY HIGH
0.5037 RON
YEARLY LOW
0.4625 RON
YEARLY AVERAGE
0.4833 RON

2016 NOK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 0.5037. Conversely, the yearly low was recorded on February 11, dropping to 0.4625.

This high-to-low spread represents a total annual volatility of 0.0411 RON. From a start-to-finish perspective, comparing the January average rate of 0.4734 to the December average rate of 0.5001, the exchange rate registered a net change of 5.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5037 was down 5.23% compared to the 2015 peak of 0.5314, 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 2,518 RON
2015 Average 2,487 RON
Yearly Trough Low 2,313 RON
Transaction Impact: A difference of 205.67 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5032
0.4660
JanuMarcMayJulySeptNove

NOK to RON 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 0.4773, compared to 0.4893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 0.4773
H2 Avg (Jul–Dec) 0.4893

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.0172 RON (High: 0.4949 / Low: 0.4777). On the other end, November was the most stable month, with a tight range of 0.0050 RON (High: 0.4993 / Low: 0.4943).

September Spread (Volatile) ±0.0172
November Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between February and June, 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 0.0061 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.4988) against the same month in 2015 (average: 0.4768), the exchange rate shifted by +0.0220 (+4.62%).

2016 Avg (October) 0.4988
2015 Avg (October) 0.4768

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4838 0.4666 0.4734
February 0.4793 0.4625 0.4691
March 0.4776 0.4698 0.4738
April 0.4874 0.4708 0.4795
May 0.4864 0.4798 0.4835
June 0.4884 0.4798 0.4846
July 0.4879 0.4715 0.4785
August 0.4863 0.4703 0.4792
September 0.4949 0.4777 0.4831
October 0.5037 0.4947 0.4988
November 0.4993 0.4943 0.4962
December 0.5030 0.4972 0.5001