YEARLY HIGH
0.9845 SBD
YEARLY LOW
0.8941 SBD
YEARLY AVERAGE
0.9425 SBD

2016 NOK to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.9845. Conversely, the yearly low was recorded on December 19, dropping to 0.8941.

This high-to-low spread represents a total annual volatility of 0.0904 SBD. From a start-to-finish perspective, comparing the January average rate of 0.9243 to the December average rate of 0.9207, the exchange rate registered a net change of -0.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9845 was down 6.38% compared to the 2015 peak of 1.0516, 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 4,923 SBD
2015 Average 4,879 SBD
Yearly Trough Low 4,471 SBD
Transaction Impact: A difference of 451.95 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9683
0.9164
JanuMarcMayJulySeptNove

NOK to SBD 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 0.9435, compared to 0.9415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.9435
H2 Avg (Jul–Dec) 0.9415

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0586 SBD (High: 0.9527 / Low: 0.8941). On the other end, February was the most stable month, with a tight range of 0.0190 SBD (High: 0.9525 / Low: 0.9335).

December Spread (Volatile) ±0.0586
February Spread (Stable) ±0.0190

Growth Streaks & Declines

Trends

Between July and October, 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 0.0215 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0215

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 0.9640) against the same month in 2015 (average: 0.9832), the exchange rate shifted by -0.0192 (-1.95%).

2016 Avg (April) 0.9640
2015 Avg (April) 0.9832

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9438 0.9029 0.9243
February 0.9525 0.9335 0.9441
March 0.9575 0.9304 0.9415
April 0.9845 0.9478 0.9640
May 0.9718 0.9318 0.9468
June 0.9619 0.9129 0.9403
July 0.9519 0.9218 0.9320
August 0.9558 0.9230 0.9422
September 0.9770 0.9408 0.9542
October 0.9787 0.9488 0.9607
November 0.9644 0.9223 0.9392
December 0.9527 0.8941 0.9207