2016 NOK to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NOK to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NOK to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 75.6722. Conversely, the yearly low was recorded on December 24, dropping to 64.0322.
This high-to-low spread represents a total annual volatility of 11.6399 SOS. From a start-to-finish perspective, comparing the January average rate of 70.2545 to the December average rate of 66.8472, the exchange rate registered a net change of -4.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 75.6722 was down 20.97% compared to the 2015 peak of 95.7520, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NOK to SOS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 72.0195, compared to 69.3689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6505 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 5.8714 SOS (High: 70.4522 / Low: 64.5808). On the other end, February was the most stable month, with a tight range of 1.9182 SOS (High: 72.0739 / Low: 70.1558).
Growth Streaks & Declines
TrendsBetween 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 3.0229 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 73.3521) against the same month in 2015 (average: 92.5839), the exchange rate shifted by -19.2318 (-20.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 71.5528 | 68.5947 | 70.2545 |
| February | 72.0739 | 70.1558 | 71.2180 |
| March | 74.1044 | 70.3725 | 72.3139 |
| April | 75.2244 | 73.0449 | 74.1453 |
| May | 75.6722 | 70.7199 | 73.3521 |
| June | 73.3747 | 68.5488 | 70.8330 |
| July | 70.6481 | 67.7112 | 68.7777 |
| August | 71.3486 | 68.1026 | 70.1305 |
| September | 72.8107 | 70.0031 | 71.0238 |
| October | 73.5939 | 69.3474 | 71.2287 |
| November | 70.4522 | 64.5808 | 68.2058 |
| December | 69.5371 | 64.0322 | 66.8472 |