YEARLY HIGH
0.0052 NOK
YEARLY LOW
0.0044 NOK
YEARLY AVERAGE
0.0048 NOK

2017 BIF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BIF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0052. Conversely, the yearly low was recorded on September 8, dropping to 0.0044.

This high-to-low spread represents a total annual volatility of 0.0008 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0050 to the December average rate of 0.0047, the exchange rate registered a net change of -6.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0052 was down 9.79% compared to the 2016 peak of 0.0057, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 26 NOK
2016 Average 26 NOK
Yearly Trough Low 22 NOK
Transaction Impact: A difference of 3.76 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0051
0.0044
JanuMarcMayJulySeptNove

BIF 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 0.0050, compared to 0.0046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0050
H2 Avg (Jul–Dec) 0.0046

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0003 NOK (High: 0.0049 / Low: 0.0046). On the other end, April was the most stable month, with a tight range of 0.0001 NOK (High: 0.0051 / Low: 0.0050).

July Spread (Volatile) ±0.0003
April Spread (Stable) ±0.0001

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 July and August, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0050) against the same month in 2016 (average: 0.0056), the exchange rate shifted by -0.0006 (-10.70%).

2017 Avg (January) 0.0050
2016 Avg (January) 0.0056

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0052 0.0049 0.0050
February 0.0050 0.0049 0.0049
March 0.0051 0.0049 0.0050
April 0.0051 0.0050 0.0051
May 0.0051 0.0049 0.0050
June 0.0049 0.0048 0.0049
July 0.0049 0.0046 0.0047
August 0.0046 0.0045 0.0045
September 0.0046 0.0044 0.0045
October 0.0047 0.0045 0.0046
November 0.0048 0.0046 0.0047
December 0.0048 0.0047 0.0047