YEARLY HIGH
6.5679 NOK
YEARLY LOW
6.1784 NOK
YEARLY AVERAGE
6.3708 NOK

2017 CAD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CAD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 6.5679. Conversely, the yearly low was recorded on August 30, dropping to 6.1784.

This high-to-low spread represents a total annual volatility of 0.3895 NOK. From a start-to-finish perspective, comparing the January average rate of 6.4063 to the December average rate of 6.5149, the exchange rate registered a net change of 1.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 6.5679 was up 0.42% compared to the 2016 peak of 6.5407, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32,840 NOK
2016 Average 31,702 NOK
Yearly Trough Low 30,892 NOK
Transaction Impact: A difference of 1,947.68 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

6.5413
6.2255
JanuMarcMayJulySeptNove

CAD 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 6.3535, compared to 6.3880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0345 points.

H1 Avg (Jan–Jun) 6.3535
H2 Avg (Jul–Dec) 6.3880

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.2267 NOK (High: 6.4657 / Low: 6.2390). On the other end, December was the most stable month, with a tight range of 0.1148 NOK (High: 6.5679 / Low: 6.4532).

June Spread (Volatile) ±0.2267
December Spread (Stable) ±0.1148

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1637 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1637

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 6.5149) against the same month in 2016 (average: 6.4205), the exchange rate shifted by +0.0944 (+1.47%).

2017 Avg (December) 6.5149
2016 Avg (December) 6.4205

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.4949 6.3082 6.4063
February 6.4208 6.3005 6.3569
March 6.4492 6.2936 6.3551
April 6.4724 6.2799 6.3949
May 6.3330 6.1850 6.2518
June 6.4657 6.2390 6.3562
July 6.5011 6.2997 6.4217
August 6.3136 6.1784 6.2580
September 6.4745 6.2813 6.3704
October 6.3960 6.2603 6.3491
November 6.4708 6.3263 6.4140
December 6.5679 6.4532 6.5149