YEARLY HIGH
2745.1489 STD
YEARLY LOW
2493.1936 STD
YEARLY AVERAGE
2636.9513 STD

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 13,725,744 STD
2015 Average 13,705,193 STD
Yearly Trough Low 12,465,968 STD
Transaction Impact: A difference of 1,259,776.23 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2734.5005
2542.3202
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 2601.2396
H2 Avg (Jul–Dec) 2672.6631

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±171.4949
May Spread (Stable) ±37.7943

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -23.3766

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (December) 2715.5650
2015 Avg (December) 2588.2691

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