Of course the BG level may just be inflated due to how recently you ate and that it has not come back down again, or you may deliberately have adjusted the last insulin dose in order to allow for the up coming exercise. I would be unlikely to be in the mood for doing anything energetic if I was in the range approaching the 16's, but around 13 and a bit would have been a common target for me before starting any exercise.
It also depends on what exercise you are about to do and for how long and what intensity.