YEARLY HIGH
2.2410 NOK
YEARLY LOW
1.0419 NOK
YEARLY AVERAGE
1.4642 NOK

2016 SRD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SRD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.2410. Conversely, the yearly low was recorded on September 28, dropping to 1.0419.

This high-to-low spread represents a total annual volatility of 1.1992 NOK. From a start-to-finish perspective, comparing the January average rate of 2.2068 to the December average rate of 1.1640, the exchange rate registered a net change of -47.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.2410 was down 15.66% compared to the 2015 peak of 2.6572, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,205 NOK
2015 Average 12,109 NOK
Yearly Trough Low 5,209 NOK
Transaction Impact: A difference of 5,995.79 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.3178
0.9854
JanuMarcMayJulySeptNove

SRD 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 1.7756, compared to 1.1527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6229 points.

H1 Avg (Jan–Jun) 1.7756
H2 Avg (Jul–Dec) 1.1527

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.2130 NOK (High: 1.6358 / Low: 1.4229). On the other end, July was the most stable month, with a tight range of 0.0324 NOK (High: 1.2113 / Low: 1.1789).

April Spread (Volatile) ±0.2130
July Spread (Stable) ±0.0324

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5728 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5728

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.2068) against the same month in 2015 (average: 2.3259), the exchange rate shifted by -0.1192 (-5.12%).

2016 Avg (January) 2.2068
2015 Avg (January) 2.3259

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2410 2.1615 2.2068
February 2.1818 2.1382 2.1556
March 2.1708 2.0845 2.1220
April 1.6358 1.4229 1.5491
May 1.4784 1.2817 1.4173
June 1.2941 1.1663 1.2030
July 1.2113 1.1789 1.1991
August 1.1994 1.1277 1.1560
September 1.1569 1.0419 1.0964
October 1.2096 1.0459 1.1324
November 1.1874 1.1444 1.1681
December 1.1798 1.1414 1.1640