YEARLY HIGH
1.7256 SCR
YEARLY LOW
1.4408 SCR
YEARLY AVERAGE
1.5809 SCR

2016 NOK to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 1.7256. Conversely, the yearly low was recorded on January 11, dropping to 1.4408.

This high-to-low spread represents a total annual volatility of 0.2849 SCR. From a start-to-finish perspective, comparing the January average rate of 1.4851 to the December average rate of 1.5620, the exchange rate registered a net change of 5.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.7256 was down 8.24% compared to the 2015 peak of 1.8806, 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 8,628 SCR
2015 Average 8,277 SCR
Yearly Trough Low 7,204 SCR
Transaction Impact: A difference of 1,424.42 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.6487
1.4702
JanuMarcMayJulySeptNove

NOK to SCR 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 1.5734, compared to 1.5885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 1.5734
H2 Avg (Jul–Dec) 1.5885

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.1733 SCR (High: 1.7256 / Low: 1.5524). On the other end, October was the most stable month, with a tight range of 0.0748 SCR (High: 1.6669 / Low: 1.5921).

April Spread (Volatile) ±0.1733
October Spread (Stable) ±0.0748

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 May and June, when the average rate fell by 0.0406 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0406

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 1.6338) against the same month in 2015 (average: 1.7186), the exchange rate shifted by -0.0847 (-4.93%).

2016 Avg (April) 1.6338
2015 Avg (April) 1.7186

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5767 1.4408 1.4851
February 1.6712 1.4984 1.5566
March 1.6377 1.5204 1.5696
April 1.7256 1.5524 1.6338
May 1.6906 1.5631 1.6180
June 1.6299 1.4888 1.5773
July 1.5947 1.5055 1.5542
August 1.6396 1.5426 1.5939
September 1.6672 1.5725 1.6131
October 1.6669 1.5921 1.6229
November 1.6397 1.5410 1.5846
December 1.6018 1.5119 1.5620