YEARLY HIGH
0.9598 SRD
YEARLY LOW
0.4462 SRD
YEARLY AVERAGE
0.7324 SRD

2016 NOK to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 0.9598. Conversely, the yearly low was recorded on January 6, dropping to 0.4462.

This high-to-low spread represents a total annual volatility of 0.5136 SRD. From a start-to-finish perspective, comparing the January average rate of 0.4532 to the December average rate of 0.8592, the exchange rate registered a net change of 89.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9598 was up 109.06% compared to the 2015 peak of 0.4591, 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 4,799 SRD
2015 Average 2,070 SRD
Yearly Trough Low 2,231 SRD
Transaction Impact: A difference of 2,568.01 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9590
0.4072
JanuMarcMayJulySeptNove

NOK to SRD 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 0.5959, compared to 0.8689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2730 points.

H1 Avg (Jan–Jun) 0.5959
H2 Avg (Jul–Dec) 0.8689

Volatility Range Comparison

Volatility

The most volatile month in 2016 was October, with a trading range of 0.1295 SRD (High: 0.9562 / Low: 0.8267). On the other end, February was the most stable month, with a tight range of 0.0093 SRD (High: 0.4677 / Low: 0.4583).

October Spread (Volatile) ±0.1295
February Spread (Stable) ±0.0093

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0295 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 0.9130) against the same month in 2015 (average: 0.3964), the exchange rate shifted by +0.5166 (+130.29%).

2016 Avg (September) 0.9130
2015 Avg (September) 0.3964

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4626 0.4462 0.4532
February 0.4677 0.4583 0.4639
March 0.4797 0.4607 0.4713
April 0.7028 0.6113 0.6479
May 0.7802 0.6764 0.7075
June 0.8574 0.7728 0.8315
July 0.8482 0.8256 0.8340
August 0.8867 0.8338 0.8654
September 0.9598 0.8644 0.9130
October 0.9562 0.8267 0.8856
November 0.8739 0.8422 0.8562
December 0.8761 0.8476 0.8592