YEARLY HIGH
0.1254 USD
YEARLY LOW
0.1118 USD
YEARLY AVERAGE
0.1191 USD

2016 NOK to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.1254. Conversely, the yearly low was recorded on January 6, dropping to 0.1118.

This high-to-low spread represents a total annual volatility of 0.0136 USD. From a start-to-finish perspective, comparing the January average rate of 0.1135 to the December average rate of 0.1167, the exchange rate registered a net change of 2.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1254 was down 8.25% compared to the 2015 peak of 0.1367, 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 627 USD
2015 Average 621 USD
Yearly Trough Low 559 USD
Transaction Impact: A difference of 68.05 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1234
0.1126
JanuMarcMayJulySeptNove

NOK to USD 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 0.1185, compared to 0.1197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1185
H2 Avg (Jul–Dec) 0.1197

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0063 USD (High: 0.1225 / Low: 0.1162). On the other end, February was the most stable month, with a tight range of 0.0023 USD (High: 0.1171 / Low: 0.1148).

November Spread (Volatile) ±0.0063
February Spread (Stable) ±0.0023

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 0.0037 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.1225) against the same month in 2015 (average: 0.1209), the exchange rate shifted by +0.0016 (+1.30%).

2016 Avg (October) 0.1225
2015 Avg (October) 0.1209

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1159 0.1118 0.1135
February 0.1171 0.1148 0.1162
March 0.1207 0.1154 0.1181
April 0.1240 0.1200 0.1216
May 0.1246 0.1195 0.1214
June 0.1233 0.1171 0.1205
July 0.1204 0.1167 0.1181
August 0.1224 0.1175 0.1204
September 0.1251 0.1200 0.1217
October 0.1254 0.1208 0.1225
November 0.1225 0.1162 0.1188
December 0.1196 0.1147 0.1167