YEARLY HIGH
0.2027 NOK
YEARLY LOW
0.1662 NOK
YEARLY AVERAGE
0.1807 NOK

2017 GMD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GMD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.2027. Conversely, the yearly low was recorded on October 16, dropping to 0.1662.

This high-to-low spread represents a total annual volatility of 0.0365 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1944 to the December average rate of 0.1749, the exchange rate registered a net change of -10.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2027 was down 10.38% compared to the 2016 peak of 0.2262, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,014 NOK
2016 Average 1,002 NOK
Yearly Trough Low 831 NOK
Transaction Impact: A difference of 182.37 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1969
0.1675
JanuMarcMayJulySeptNove

GMD 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 0.1886, compared to 0.1728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0158 points.

H1 Avg (Jan–Jun) 0.1886
H2 Avg (Jul–Dec) 0.1728

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0138 NOK (High: 0.2027 / Low: 0.1889). On the other end, April was the most stable month, with a tight range of 0.0038 NOK (High: 0.1924 / Low: 0.1886).

January Spread (Volatile) ±0.0138
April Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between October and December, 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 June and July, when the average rate fell by 0.0068 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1944) against the same month in 2016 (average: 0.2230), the exchange rate shifted by -0.0286 (-12.84%).

2017 Avg (January) 0.1944
2016 Avg (January) 0.2230

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2027 0.1889 0.1944
February 0.1916 0.1863 0.1886
March 0.1928 0.1878 0.1901
April 0.1924 0.1886 0.1901
May 0.1887 0.1806 0.1844
June 0.1863 0.1812 0.1840
July 0.1824 0.1713 0.1772
August 0.1755 0.1678 0.1718
September 0.1727 0.1678 0.1701
October 0.1739 0.1662 0.1699
November 0.1755 0.1712 0.1727
December 0.1767 0.1722 0.1749