YEARLY HIGH
0.2816 TOP
YEARLY LOW
0.2497 TOP
YEARLY AVERAGE
0.2682 TOP

2016 NOK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.2816. Conversely, the yearly low was recorded on January 6, dropping to 0.2497.

This high-to-low spread represents a total annual volatility of 0.0319 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2561 to the December average rate of 0.2657, the exchange rate registered a net change of 3.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2816 was up 1.66% compared to the 2015 peak of 0.2770, 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 1,408 TOP
2015 Average 1,315 TOP
Yearly Trough Low 1,248 TOP
Transaction Impact: A difference of 159.43 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2756
0.2543
JanuMarcMayJulySeptNove

NOK to TOP 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 0.2669, compared to 0.2695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.2669
H2 Avg (Jul–Dec) 0.2695

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0180 TOP (High: 0.2786 / Low: 0.2606). On the other end, May was the most stable month, with a tight range of 0.0064 TOP (High: 0.2773 / Low: 0.2708).

June Spread (Volatile) ±0.0180
May Spread (Stable) ±0.0064

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 0.0064 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.2723) against the same month in 2015 (average: 0.2698), the exchange rate shifted by +0.0025 (+0.92%).

2016 Avg (October) 0.2723
2015 Avg (October) 0.2698

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2659 0.2497 0.2561
February 0.2731 0.2615 0.2645
March 0.2696 0.2617 0.2661
April 0.2768 0.2679 0.2709
May 0.2773 0.2708 0.2734
June 0.2786 0.2606 0.2704
July 0.2720 0.2643 0.2675
August 0.2767 0.2660 0.2720
September 0.2815 0.2696 0.2738
October 0.2816 0.2669 0.2723
November 0.2762 0.2615 0.2659
December 0.2706 0.2600 0.2657