2017 FKP to NOK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |