YEARLY HIGH
4.1821 NOK
YEARLY LOW
3.7983 NOK
YEARLY AVERAGE
4.0146 NOK

2017 FJD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FJD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 4.1821. Conversely, the yearly low was recorded on August 27, dropping to 3.7983.

This high-to-low spread represents a total annual volatility of 0.3839 NOK. From a start-to-finish perspective, comparing the January average rate of 4.0646 to the December average rate of 4.0250, the exchange rate registered a net change of -0.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 4.1821 was down 0.12% compared to the 2016 peak of 4.1870, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20,911 NOK
2016 Average 20,134 NOK
Yearly Trough Low 18,991 NOK
Transaction Impact: A difference of 1,919.31 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

4.1478
3.8581
JanuMarcMayJulySeptNove

FJD 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 4.0818, compared to 3.9475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1343 points.

H1 Avg (Jan–Jun) 4.0818
H2 Avg (Jul–Dec) 3.9475

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.2003 NOK (High: 4.1018 / Low: 3.9015). On the other end, November was the most stable month, with a tight range of 0.0723 NOK (High: 3.9886 / Low: 3.9162).

July Spread (Volatile) ±0.2003
November Spread (Stable) ±0.0723

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1050 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 4.1237) against the same month in 2016 (average: 3.9782), the exchange rate shifted by +0.1455 (+3.66%).

2017 Avg (April) 4.1237
2016 Avg (April) 3.9782

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.1044 3.9901 4.0646
February 4.1053 3.9765 4.0473
March 4.1374 4.0230 4.0948
April 4.1821 4.0793 4.1237
May 4.1388 3.9832 4.0573
June 4.1815 4.0353 4.1031
July 4.1018 3.9015 4.0147
August 3.9795 3.7983 3.9097
September 3.9328 3.8275 3.8823
October 3.9463 3.8585 3.9057
November 3.9886 3.9162 3.9476
December 4.0829 3.9660 4.0250