YEARLY HIGH
0.0031 NOK
YEARLY LOW
0.0026 NOK
YEARLY AVERAGE
0.0028 NOK

2017 COP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the COP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.0031. Conversely, the yearly low was recorded on September 3, dropping to 0.0026.

This high-to-low spread represents a total annual volatility of 0.0004 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0029 to the December average rate of 0.0028, the exchange rate registered a net change of -3.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0031 was up 4.72% compared to the 2016 peak of 0.0029, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,252 NOK
2016 Average 13,780 NOK
Yearly Trough Low 13,044 NOK
Transaction Impact: A difference of 2,207.33 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0030
0.0026
JanuMarcMayJulySeptNove

COP 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 0.0029, compared to 0.0027 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) 0.0029
H2 Avg (Jul–Dec) 0.0027

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0002 NOK (High: 0.0029 / Low: 0.0027). On the other end, August was the most stable month, with a tight range of 0.0001 NOK (High: 0.0027 / Low: 0.0026).

June Spread (Volatile) ±0.0002
August 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 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.0030) against the same month in 2016 (average: 0.0027), the exchange rate shifted by +0.0002 (+8.74%).

2017 Avg (April) 0.0030
2016 Avg (April) 0.0027

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0029 0.0028 0.0029
February 0.0029 0.0028 0.0029
March 0.0030 0.0028 0.0029
April 0.0031 0.0029 0.0030
May 0.0030 0.0029 0.0029
June 0.0029 0.0027 0.0029
July 0.0027 0.0026 0.0027
August 0.0027 0.0026 0.0027
September 0.0027 0.0026 0.0027
October 0.0028 0.0027 0.0027
November 0.0028 0.0027 0.0027
December 0.0028 0.0027 0.0028