YEARLY HIGH
1.0950 SVC
YEARLY LOW
0.9775 SVC
YEARLY AVERAGE
1.0417 SVC

2016 NOK to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1.0950. Conversely, the yearly low was recorded on January 6, dropping to 0.9775.

This high-to-low spread represents a total annual volatility of 0.1175 SVC. From a start-to-finish perspective, comparing the January average rate of 0.9927 to the December average rate of 1.0207, the exchange rate registered a net change of 2.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0950 was down 8.53% compared to the 2015 peak of 1.1970, 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 5,475 SVC
2015 Average 5,433 SVC
Yearly Trough Low 4,888 SVC
Transaction Impact: A difference of 587.41 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0788
0.9849
JanuMarcMayJulySeptNove

NOK to SVC 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 1.0365, compared to 1.0469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 1.0365
H2 Avg (Jul–Dec) 1.0469

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0559 SVC (High: 1.0778 / Low: 1.0219). On the other end, February was the most stable month, with a tight range of 0.0192 SVC (High: 1.0239 / Low: 1.0047).

June Spread (Volatile) ±0.0559
February Spread (Stable) ±0.0192

Growth Streaks & Declines

Trends

Between 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 0.0320 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 1.0710) against the same month in 2015 (average: 1.0585), the exchange rate shifted by +0.0125 (+1.18%).

2016 Avg (October) 1.0710
2015 Avg (October) 1.0585

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0122 0.9775 0.9927
February 1.0239 1.0047 1.0159
March 1.0549 1.0091 1.0322
April 1.0851 1.0497 1.0629
May 1.0888 1.0455 1.0617
June 1.0778 1.0219 1.0533
July 1.0522 1.0209 1.0329
August 1.0696 1.0281 1.0531
September 1.0936 1.0482 1.0646
October 1.0950 1.0546 1.0710
November 1.0707 1.0180 1.0389
December 1.0440 1.0038 1.0207