2016 NOK to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NOK to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NOK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 2745.1489. Conversely, the yearly low was recorded on June 24, dropping to 2493.1936.
This high-to-low spread represents a total annual volatility of 251.9552 STD. From a start-to-finish perspective, comparing the January average rate of 2558.3353 to the December average rate of 2715.5650, the exchange rate registered a net change of 6.15% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 2745.1489 was down 6.68% compared to the 2015 peak of 2941.6345, 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 STD 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 2601.2396, compared to 2672.6631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 71.4235 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 171.4949 STD (High: 2664.6885 / Low: 2493.1936). On the other end, May was the most stable month, with a tight range of 37.7943 STD (High: 2649.3200 / Low: 2611.5257).
Growth Streaks & Declines
TrendsBetween January and May, 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 October and November, when the average rate fell by 23.3766 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 2715.5650) against the same month in 2015 (average: 2588.2691), the exchange rate shifted by +127.2958 (+4.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2604.6183 | 2520.1519 | 2558.3353 |
| February | 2617.3579 | 2538.9712 | 2572.8606 |
| March | 2635.1141 | 2576.3696 | 2602.9714 |
| April | 2663.6741 | 2581.0734 | 2622.2147 |
| May | 2649.3200 | 2611.5257 | 2627.6845 |
| June | 2664.6885 | 2493.1936 | 2623.3710 |
| July | 2649.4538 | 2591.9185 | 2613.4214 |
| August | 2672.5144 | 2589.6913 | 2632.4830 |
| September | 2734.7252 | 2628.0056 | 2660.9147 |
| October | 2736.3913 | 2697.7683 | 2718.4855 |
| November | 2717.4812 | 2673.5976 | 2695.1088 |
| December | 2745.1489 | 2690.2817 | 2715.5650 |