YEARLY HIGH
9.9850 NOK
YEARLY LOW
8.8033 NOK
YEARLY AVERAGE
9.3319 NOK

2017 EUR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EUR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 9.9850. Conversely, the yearly low was recorded on February 21, dropping to 8.8033.

This high-to-low spread represents a total annual volatility of 1.1817 NOK. From a start-to-finish perspective, comparing the January average rate of 8.9988 to the December average rate of 9.8421, the exchange rate registered a net change of 9.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 9.9850 was up 2.71% compared to the 2016 peak of 9.7216, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 49,925 NOK
2016 Average 46,470 NOK
Yearly Trough Low 44,016 NOK
Transaction Impact: A difference of 5,908.55 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

9.9399
8.7664
JanuMarcMayJulySeptNove

EUR 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 9.1785, compared to 9.4853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3068 points.

H1 Avg (Jan–Jun) 9.1785
H2 Avg (Jul–Dec) 9.4853

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.4548 NOK (High: 9.8994 / Low: 9.4447). On the other end, February was the most stable month, with a tight range of 0.1148 NOK (High: 8.9181 / Low: 8.8033).

November Spread (Volatile) ±0.4548
February Spread (Stable) ±0.1148

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.1346 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1346

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 9.8421) against the same month in 2016 (average: 9.0300), the exchange rate shifted by +0.8121 (+8.99%).

2017 Avg (December) 9.8421
2016 Avg (December) 9.0300

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.0928 8.8949 8.9988
February 8.9181 8.8033 8.8642
March 9.2203 8.8758 9.0976
April 9.3633 9.1086 9.2089
May 9.5303 9.3440 9.4014
June 9.5933 9.4516 9.5000
July 9.5429 9.2617 9.4056
August 9.3834 9.2367 9.3236
September 9.4078 9.2464 9.3310
October 9.5247 9.3187 9.3991
November 9.8994 9.4447 9.6105
December 9.9850 9.7574 9.8421