YEARLY HIGH
1.4156 NOK
YEARLY LOW
0.7995 NOK
YEARLY AVERAGE
0.9669 NOK

2016 VEF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the VEF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.4156. Conversely, the yearly low was recorded on October 3, dropping to 0.7995.

This high-to-low spread represents a total annual volatility of 0.6161 NOK. From a start-to-finish perspective, comparing the January average rate of 1.3941 to the December average rate of 0.8583, the exchange rate registered a net change of -38.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.4156 was up 1.25% compared to the 2015 peak of 1.3981, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,078 NOK
2015 Average 6,383 NOK
Yearly Trough Low 3,997 NOK
Transaction Impact: A difference of 3,080.56 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.4517
0.7607
JanuMarcMayJulySeptNove

VEF 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 1.0964, compared to 0.8375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2589 points.

H1 Avg (Jan–Jun) 1.0964
H2 Avg (Jul–Dec) 0.8375

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0571 NOK (High: 1.3713 / Low: 1.3142). On the other end, July was the most stable month, with a tight range of 0.0270 NOK (High: 0.8590 / Low: 0.8320).

March Spread (Volatile) ±0.0571
July Spread (Stable) ±0.0270

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 0.5139 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.3941) against the same month in 2015 (average: 1.2144), the exchange rate shifted by +0.1797 (+14.79%).

2016 Avg (January) 1.3941
2015 Avg (January) 1.2144

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4156 1.3654 1.3941
February 1.3782 1.3506 1.3617
March 1.3713 1.3142 1.3389
April 0.8355 0.8085 0.8250
May 0.8394 0.8049 0.8261
June 0.8567 0.8133 0.8325
July 0.8590 0.8320 0.8482
August 0.8528 0.8188 0.8325
September 0.8354 0.8011 0.8234
October 0.8297 0.7995 0.8182
November 0.8621 0.8180 0.8441
December 0.8727 0.8379 0.8583