YEARLY HIGH
0.0136 NOK
YEARLY LOW
0.0121 NOK
YEARLY AVERAGE
0.0127 NOK

2017 CLP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CLP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0136. Conversely, the yearly low was recorded on July 29, dropping to 0.0121.

This high-to-low spread represents a total annual volatility of 0.0015 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0128 to the December average rate of 0.0131, the exchange rate registered a net change of 2.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0136 was up 3.35% compared to the 2016 peak of 0.0131, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 13,559 NOK
2016 Average 12,421 NOK
Yearly Trough Low 12,098 NOK
Transaction Impact: A difference of 1,460.75 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0132
0.0122
JanuMarcMayJulySeptNove

CLP 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 0.0129, compared to 0.0126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0129
H2 Avg (Jul–Dec) 0.0126

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0009 NOK (High: 0.0136 / Low: 0.0126). On the other end, January was the most stable month, with a tight range of 0.0002 NOK (High: 0.0129 / Low: 0.0127).

December Spread (Volatile) ±0.0009
January Spread (Stable) ±0.0002

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 April and May, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0131) against the same month in 2016 (average: 0.0129), the exchange rate shifted by +0.0002 (+1.89%).

2017 Avg (December) 0.0131
2016 Avg (December) 0.0129

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0129 0.0127 0.0128
February 0.0131 0.0127 0.0130
March 0.0130 0.0128 0.0129
April 0.0133 0.0129 0.0131
May 0.0129 0.0124 0.0127
June 0.0129 0.0126 0.0127
July 0.0126 0.0121 0.0124
August 0.0124 0.0121 0.0123
September 0.0127 0.0124 0.0125
October 0.0129 0.0125 0.0127
November 0.0132 0.0128 0.0129
December 0.0136 0.0126 0.0131