YEARLY HIGH
1.1157 NOK
YEARLY LOW
0.9891 NOK
YEARLY AVERAGE
1.0612 NOK

2017 HKD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HKD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.1157. Conversely, the yearly low was recorded on August 27, dropping to 0.9891.

This high-to-low spread represents a total annual volatility of 0.1266 NOK. From a start-to-finish perspective, comparing the January average rate of 1.0913 to the December average rate of 1.0638, the exchange rate registered a net change of -2.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1157 was down 3.33% compared to the 2016 peak of 1.1541, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 27,891 NOK
2016 Average 27,053 NOK
Yearly Trough Low 24,728 NOK
Transaction Impact: A difference of 3,163.75 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1158
0.9919
JanuMarcMayJulySeptNove

HKD 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 1.0903, compared to 1.0320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0583 points.

H1 Avg (Jan–Jun) 1.0903
H2 Avg (Jul–Dec) 1.0320

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0670 NOK (High: 1.0758 / Low: 1.0088). On the other end, April was the most stable month, with a tight range of 0.0206 NOK (High: 1.1155 / Low: 1.0949).

July Spread (Volatile) ±0.0670
April Spread (Stable) ±0.0206

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 June and July, when the average rate fell by 0.0404 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0404

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.0913) against the same month in 2016 (average: 1.1325), the exchange rate shifted by -0.0413 (-3.64%).

2017 Avg (January) 1.0913
2016 Avg (January) 1.1325

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1157 1.0629 1.0913
February 1.0825 1.0580 1.0735
March 1.1083 1.0849 1.0953
April 1.1155 1.0949 1.1055
May 1.1153 1.0700 1.0916
June 1.0960 1.0690 1.0848
July 1.0758 1.0088 1.0444
August 1.0198 0.9891 1.0086
September 1.0194 0.9896 1.0023
October 1.0491 1.0104 1.0248
November 1.0653 1.0408 1.0483
December 1.0748 1.0502 1.0638