YEARLY HIGH
0.0074 NOK
YEARLY LOW
0.0048 NOK
YEARLY AVERAGE
0.0057 NOK

2017 CDF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CDF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0074. Conversely, the yearly low was recorded on August 5, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0026 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0070 to the December average rate of 0.0053, the exchange rate registered a net change of -24.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0074 was down 23.00% compared to the 2016 peak of 0.0096, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37 NOK
2016 Average 44 NOK
Yearly Trough Low 24 NOK
Transaction Impact: A difference of 13.12 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0072
0.0048
JanuMarcMayJulySeptNove

CDF 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 0.0063, compared to 0.0051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0063
H2 Avg (Jul–Dec) 0.0051

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0008 NOK (High: 0.0074 / Low: 0.0066). On the other end, September was the most stable month, with a tight range of 0.0001 NOK (High: 0.0051 / Low: 0.0050).

January Spread (Volatile) ±0.0008
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0070) against the same month in 2016 (average: 0.0095), the exchange rate shifted by -0.0025 (-26.58%).

2017 Avg (January) 0.0070
2016 Avg (January) 0.0095

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0074 0.0066 0.0070
February 0.0067 0.0064 0.0065
March 0.0065 0.0063 0.0064
April 0.0064 0.0061 0.0062
May 0.0062 0.0058 0.0060
June 0.0059 0.0056 0.0058
July 0.0056 0.0049 0.0053
August 0.0051 0.0048 0.0050
September 0.0051 0.0050 0.0050
October 0.0052 0.0050 0.0051
November 0.0053 0.0052 0.0052
December 0.0054 0.0051 0.0053