YEARLY HIGH
0.6941 NOK
YEARLY LOW
0.5795 NOK
YEARLY AVERAGE
0.6332 NOK

2016 SCR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SCR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.6941. Conversely, the yearly low was recorded on April 28, dropping to 0.5795.

This high-to-low spread represents a total annual volatility of 0.1146 NOK. From a start-to-finish perspective, comparing the January average rate of 0.6739 to the December average rate of 0.6404, the exchange rate registered a net change of -4.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6941 was down 2.91% compared to the 2015 peak of 0.7149, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SCR based on timing:

Yearly Peak High 3,470 NOK
2015 Average 3,037 NOK
Yearly Trough Low 2,897 NOK
Transaction Impact: A difference of 572.92 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6800
0.6064
JanuMarcMayJulySeptNove

SCR to NOK 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 0.6365, compared to 0.6299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.6365
H2 Avg (Jul–Dec) 0.6299

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0690 NOK (High: 0.6674 / Low: 0.5984). On the other end, October was the most stable month, with a tight range of 0.0282 NOK (High: 0.6281 / Low: 0.5999).

February Spread (Volatile) ±0.0690
October Spread (Stable) ±0.0282

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0310 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0310

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.6739) against the same month in 2015 (average: 0.5513), the exchange rate shifted by +0.1226 (+22.24%).

2016 Avg (January) 0.6739
2015 Avg (January) 0.5513

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6941 0.6342 0.6739
February 0.6674 0.5984 0.6429
March 0.6577 0.6106 0.6372
April 0.6442 0.5795 0.6125
May 0.6398 0.5915 0.6183
June 0.6717 0.6135 0.6343
July 0.6642 0.6271 0.6436
August 0.6483 0.6099 0.6276
September 0.6359 0.5998 0.6200
October 0.6281 0.5999 0.6163
November 0.6489 0.6099 0.6313
December 0.6614 0.6243 0.6404