YEARLY HIGH
8.9472 NOK
YEARLY LOW
7.9760 NOK
YEARLY AVERAGE
8.3998 NOK

2016 BMD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BMD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 8.9472. Conversely, the yearly low was recorded on October 3, dropping to 7.9760.

This high-to-low spread represents a total annual volatility of 0.9712 NOK. From a start-to-finish perspective, comparing the January average rate of 8.8106 to the December average rate of 8.5732, the exchange rate registered a net change of -2.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 8.9472 was up 1.25% compared to the 2015 peak of 8.8369, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44,736 NOK
2015 Average 40,331 NOK
Yearly Trough Low 39,880 NOK
Transaction Impact: A difference of 4,856.24 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

8.8753
8.0989
JanuMarcMayJulySeptNove

BMD 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 8.4414, compared to 8.3581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0834 points.

H1 Avg (Jan–Jun) 8.4414
H2 Avg (Jul–Dec) 8.3581

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.4421 NOK (High: 8.6031 / Low: 8.1610). On the other end, February was the most stable month, with a tight range of 0.1741 NOK (High: 8.7107 / Low: 8.5366).

November Spread (Volatile) ±0.4421
February Spread (Stable) ±0.1741

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 March and April, when the average rate fell by 0.2398 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2398

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 8.8106) against the same month in 2015 (average: 7.6706), the exchange rate shifted by +1.1400 (+14.86%).

2016 Avg (January) 8.8106
2015 Avg (January) 7.6706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.9472 8.6299 8.8106
February 8.7107 8.5366 8.6051
March 8.6669 8.2867 8.4670
April 8.3319 8.0617 8.2272
May 8.3697 8.0264 8.2370
June 8.5429 8.1075 8.3017
July 8.5725 8.3025 8.4674
August 8.5094 8.1686 8.3057
September 8.3348 7.9934 8.2157
October 8.2773 7.9760 8.1636
November 8.6031 8.1610 8.4228
December 8.7154 8.3619 8.5732