YEARLY HIGH
2.3636 NOK
YEARLY LOW
2.1048 NOK
YEARLY AVERAGE
2.2512 NOK

2017 AED to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AED to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 2.3636. Conversely, the yearly low was recorded on September 7, dropping to 2.1048.

This high-to-low spread represents a total annual volatility of 0.2588 NOK. From a start-to-finish perspective, comparing the January average rate of 2.3045 to the December average rate of 2.2629, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.3636 was down 2.97% compared to the 2016 peak of 2.4359, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,818 NOK
2016 Average 11,435 NOK
Yearly Trough Low 10,524 NOK
Transaction Impact: A difference of 1,294.09 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.3605
2.1116
JanuMarcMayJulySeptNove

AED 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 2.3075, compared to 2.1948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1128 points.

H1 Avg (Jan–Jun) 2.3075
H2 Avg (Jul–Dec) 2.1948

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.1414 NOK (High: 2.2865 / Low: 2.1452). On the other end, April was the most stable month, with a tight range of 0.0439 NOK (High: 2.3613 / Low: 2.3174).

July Spread (Volatile) ±0.1414
April Spread (Stable) ±0.0439

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0828 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0828

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 2.3143) against the same month in 2016 (average: 2.2425), the exchange rate shifted by +0.0718 (+3.20%).

2017 Avg (May) 2.3143
2016 Avg (May) 2.2425

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3567 2.2451 2.3045
February 2.2868 2.2345 2.2680
March 2.3440 2.2932 2.3157
April 2.3613 2.3174 2.3398
May 2.3636 2.2688 2.3143
June 2.3273 2.2724 2.3031
July 2.2865 2.1452 2.2203
August 2.1720 2.1061 2.1476
September 2.1682 2.1048 2.1324
October 2.2281 2.1476 2.1777
November 2.2654 2.2128 2.2279
December 2.2889 2.2340 2.2629