YEARLY HIGH
0.2761 TND
YEARLY LOW
0.2288 TND
YEARLY AVERAGE
0.2556 TND

2016 NOK to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 0.2761. Conversely, the yearly low was recorded on January 11, dropping to 0.2288.

This high-to-low spread represents a total annual volatility of 0.0473 TND. From a start-to-finish perspective, comparing the January average rate of 0.2319 to the December average rate of 0.2695, the exchange rate registered a net change of 16.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2761 was up 5.77% compared to the 2015 peak of 0.2611, 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 1,381 TND
2015 Average 1,218 TND
Yearly Trough Low 1,144 TND
Transaction Impact: A difference of 236.57 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2780
0.2277
JanuMarcMayJulySeptNove

NOK to TND 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 0.2433, compared to 0.2680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0247 points.

H1 Avg (Jan–Jun) 0.2433
H2 Avg (Jul–Dec) 0.2680

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.0106 TND (High: 0.2753 / Low: 0.2647). On the other end, February was the most stable month, with a tight range of 0.0034 TND (High: 0.2365 / Low: 0.2331).

September Spread (Volatile) ±0.0106
February Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0039 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.2738) against the same month in 2015 (average: 0.2380), the exchange rate shifted by +0.0359 (+15.07%).

2016 Avg (October) 0.2738
2015 Avg (October) 0.2380

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2361 0.2288 0.2319
February 0.2365 0.2331 0.2350
March 0.2432 0.2366 0.2392
April 0.2486 0.2409 0.2447
May 0.2521 0.2455 0.2490
June 0.2634 0.2546 0.2598
July 0.2638 0.2587 0.2613
August 0.2686 0.2605 0.2651
September 0.2753 0.2647 0.2682
October 0.2761 0.2720 0.2738
November 0.2728 0.2672 0.2699
December 0.2744 0.2658 0.2695