YEARLY HIGH
11.2572 NOK
YEARLY LOW
9.9812 NOK
YEARLY AVERAGE
10.6494 NOK

2017 FKP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FKP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 11.2572. Conversely, the yearly low was recorded on August 27, dropping to 9.9812.

This high-to-low spread represents a total annual volatility of 1.2760 NOK. From a start-to-finish perspective, comparing the January average rate of 10.4504 to the December average rate of 11.1414, the exchange rate registered a net change of 6.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 11.2572 was down 14.00% compared to the 2016 peak of 13.0903, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,286 NOK
2016 Average 56,926 NOK
Yearly Trough Low 49,906 NOK
Transaction Impact: A difference of 6,380.17 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

11.2334
10.1284
JanuMarcMayJulySeptNove

FKP 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 10.6690, compared to 10.6298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0392 points.

H1 Avg (Jan–Jun) 10.6690
H2 Avg (Jul–Dec) 10.6298

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.6386 NOK (High: 11.2572 / Low: 10.6186). On the other end, December was the most stable month, with a tight range of 0.1710 NOK (High: 11.2393 / Low: 11.0684).

November Spread (Volatile) ±0.6386
December Spread (Stable) ±0.1710

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 July and August, when the average rate fell by 0.3880 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3880

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 10.8197) against the same month in 2016 (average: 10.4865), the exchange rate shifted by +0.3332 (+3.18%).

2017 Avg (November) 10.8197
2016 Avg (November) 10.4865

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.6641 10.2474 10.4504
February 10.5072 10.2460 10.3940
March 10.7765 10.3146 10.4970
April 11.1178 10.6888 10.8635
May 11.2415 10.7266 10.9833
June 11.0160 10.7349 10.8257
July 10.8737 10.3534 10.6084
August 10.4629 9.9812 10.2205
September 10.6691 10.0946 10.4311
October 10.8514 10.4269 10.5579
November 11.2572 10.6186 10.8197
December 11.2393 11.0684 11.1414