YEARLY HIGH
0.3384 XCD
YEARLY LOW
0.3019 XCD
YEARLY AVERAGE
0.3218 XCD

2016 NOK to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.3384. Conversely, the yearly low was recorded on January 6, dropping to 0.3019.

This high-to-low spread represents a total annual volatility of 0.0365 XCD. From a start-to-finish perspective, comparing the January average rate of 0.3066 to the December average rate of 0.3152, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3384 was down 8.32% compared to the 2015 peak of 0.3691, 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 1,692 XCD
2015 Average 1,678 XCD
Yearly Trough Low 1,509 XCD
Transaction Impact: A difference of 182.55 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3332
0.3042
JanuMarcMayJulySeptNove

NOK to XCD 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 0.3203, compared to 0.3232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.3203
H2 Avg (Jul–Dec) 0.3232

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0170 XCD (High: 0.3334 / Low: 0.3164). On the other end, February was the most stable month, with a tight range of 0.0063 XCD (High: 0.3164 / Low: 0.3101).

June Spread (Volatile) ±0.0170
February Spread (Stable) ±0.0063

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 0.0101 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.3308) against the same month in 2015 (average: 0.3267), the exchange rate shifted by +0.0041 (+1.26%).

2016 Avg (October) 0.3308
2015 Avg (October) 0.3267

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3130 0.3019 0.3066
February 0.3164 0.3101 0.3139
March 0.3259 0.3116 0.3190
April 0.3353 0.3243 0.3285
May 0.3368 0.3230 0.3282
June 0.3334 0.3164 0.3257
July 0.3253 0.3148 0.3191
August 0.3304 0.3172 0.3250
September 0.3377 0.3238 0.3286
October 0.3384 0.3261 0.3308
November 0.3307 0.3138 0.3206
December 0.3228 0.3101 0.3152