YEARLY HIGH
0.7867 SDG
YEARLY LOW
0.6846 SDG
YEARLY AVERAGE
0.7343 SDG

2016 NOK to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.7867. Conversely, the yearly low was recorded on January 11, dropping to 0.6846.

This high-to-low spread represents a total annual volatility of 0.1021 SDG. From a start-to-finish perspective, comparing the January average rate of 0.6944 to the December average rate of 0.7576, the exchange rate registered a net change of 9.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7867 was down 3.57% compared to the 2015 peak of 0.8158, 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 3,933 SDG
2015 Average 3,733 SDG
Yearly Trough Low 3,423 SDG
Transaction Impact: A difference of 510.41 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7748
0.6871
JanuMarcMayJulySeptNove

NOK to SDG 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 0.7228, compared to 0.7458 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0229 points.

H1 Avg (Jan–Jun) 0.7228
H2 Avg (Jul–Dec) 0.7458

Volatility Range Comparison

Volatility

The most volatile month in 2016 was October, with a trading range of 0.0412 SDG (High: 0.7813 / Low: 0.7400). On the other end, February was the most stable month, with a tight range of 0.0134 SDG (High: 0.7146 / Low: 0.7012).

October Spread (Volatile) ±0.0412
February Spread (Stable) ±0.0134

Growth Streaks & Declines

Trends

Between July and November, 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 0.0148 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.7675) against the same month in 2015 (average: 0.7058), the exchange rate shifted by +0.0617 (+8.74%).

2016 Avg (November) 0.7675
2015 Avg (November) 0.7058

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7069 0.6846 0.6944
February 0.7146 0.7012 0.7088
March 0.7363 0.7039 0.7199
April 0.7551 0.7322 0.7414
May 0.7589 0.7272 0.7395
June 0.7504 0.7108 0.7330
July 0.7311 0.7095 0.7182
August 0.7434 0.7147 0.7320
September 0.7659 0.7286 0.7410
October 0.7813 0.7400 0.7583
November 0.7867 0.7554 0.7675
December 0.7766 0.7450 0.7576