2017 ETB to NOK Historical Review

YEARLY HIGH

0.3859 NOK

YEARLY LOW

0.2897 NOK

YEARLY AVERAGE

0.3471 NOK

2017 ETB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.3859. Conversely, the yearly low was recorded on October 16, dropping to 0.2897.

This high-to-low spread represents a total annual volatility of 0.0962 NOK. From a start-to-finish perspective, comparing the January average rate of 0.3752 to the December average rate of 0.3038, the exchange rate registered a net change of -19.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3859 was down 8.56% compared to the 2016 peak of 0.4220, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,929 NOK

2016 Average 1,924 NOK

Yearly Trough Low 1,449 NOK

Transaction Impact: A difference of 480.88 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3836

0.2920

JanuMarcMayJulySeptNove

ETB 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 0.3714, compared to 0.3227 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0487 points.

H1 Avg (Jan–Jun) 0.3714

H2 Avg (Jul–Dec) 0.3227

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0507 NOK (High: 0.3404 / Low: 0.2897). On the other end, November was the most stable month, with a tight range of 0.0072 NOK (High: 0.3039 / Low: 0.2967).

October Spread (Volatile) ±0.0507

November Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 0.0226 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.3752) against the same month in 2016 (average: 0.4147), the exchange rate shifted by -0.0396 (-9.54%).

2017 Avg (January) 0.3752

2016 Avg (January) 0.4147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3859	0.3641	0.3752
February	0.3715	0.3619	0.3674
March	0.3813	0.3686	0.3742
April	0.3803	0.3722	0.3760
May	0.3798	0.3624	0.3696
June	0.3707	0.3600	0.3663
July	0.3623	0.3392	0.3510
August	0.3422	0.3292	0.3381
September	0.3383	0.3293	0.3332
October	0.3404	0.2897	0.3105
November	0.3039	0.2967	0.2996
December	0.3078	0.2999	0.3038