YEARLY HIGH
0.8389 TTD
YEARLY LOW
0.7173 TTD
YEARLY AVERAGE
0.7901 TTD

2016 NOK to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.8389. Conversely, the yearly low was recorded on January 6, dropping to 0.7173.

This high-to-low spread represents a total annual volatility of 0.1216 TTD. From a start-to-finish perspective, comparing the January average rate of 0.7293 to the December average rate of 0.7851, the exchange rate registered a net change of 7.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8389 was down 3.48% compared to the 2015 peak of 0.8692, 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 4,195 TTD
2015 Average 3,948 TTD
Yearly Trough Low 3,586 TTD
Transaction Impact: A difference of 608.23 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8293
0.7202
JanuMarcMayJulySeptNove

NOK to TTD 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 0.7779, compared to 0.8023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0244 points.

H1 Avg (Jan–Jun) 0.7779
H2 Avg (Jul–Dec) 0.8023

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0444 TTD (High: 0.7968 / Low: 0.7524). On the other end, February was the most stable month, with a tight range of 0.0175 TTD (High: 0.7587 / Low: 0.7411).

March Spread (Volatile) ±0.0444
February Spread (Stable) ±0.0175

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 0.0215 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0215

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.8202) against the same month in 2015 (average: 0.7673), the exchange rate shifted by +0.0530 (+6.90%).

2016 Avg (October) 0.8202
2015 Avg (October) 0.7673

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7485 0.7173 0.7293
February 0.7587 0.7411 0.7530
March 0.7968 0.7524 0.7751
April 0.8246 0.7887 0.8020
May 0.8267 0.7929 0.8070
June 0.8193 0.7768 0.8007
July 0.8011 0.7809 0.7882
August 0.8188 0.7870 0.8063
September 0.8383 0.8024 0.8151
October 0.8389 0.8084 0.8202
November 0.8208 0.7832 0.7988
December 0.8040 0.7709 0.7851