YEARLY HIGH
0.0897 XDR
YEARLY LOW
0.0809 XDR
YEARLY AVERAGE
0.0857 XDR

2016 NOK to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0897. Conversely, the yearly low was recorded on January 11, dropping to 0.0809.

This high-to-low spread represents a total annual volatility of 0.0088 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0821 to the December average rate of 0.0866, the exchange rate registered a net change of 5.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0897 was down 6.91% compared to the 2015 peak of 0.0964, 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 449 XDR
2015 Average 444 XDR
Yearly Trough Low 405 XDR
Transaction Impact: A difference of 43.93 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0894
0.0815
JanuMarcMayJulySeptNove

NOK to XDR 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 0.0847, compared to 0.0867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0847
H2 Avg (Jul–Dec) 0.0867

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.0037 XDR (High: 0.0896 / Low: 0.0859). On the other end, February was the most stable month, with a tight range of 0.0009 XDR (High: 0.0837 / Low: 0.0828).

September Spread (Volatile) ±0.0037
February Spread (Stable) ±0.0009

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 0.0018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.0887) against the same month in 2015 (average: 0.0860), the exchange rate shifted by +0.0027 (+3.13%).

2016 Avg (October) 0.0887
2015 Avg (October) 0.0860

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0838 0.0809 0.0821
February 0.0837 0.0828 0.0833
March 0.0857 0.0835 0.0846
April 0.0874 0.0852 0.0863
May 0.0875 0.0852 0.0861
June 0.0871 0.0841 0.0856
July 0.0862 0.0840 0.0849
August 0.0875 0.0841 0.0861
September 0.0896 0.0859 0.0870
October 0.0897 0.0880 0.0887
November 0.0885 0.0858 0.0869
December 0.0881 0.0856 0.0866