YEARLY HIGH
0.3739 NOK
YEARLY LOW
0.3300 NOK
YEARLY AVERAGE
0.3523 NOK

2017 HNL to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HNL to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.3739. Conversely, the yearly low was recorded on September 8, dropping to 0.3300.

This high-to-low spread represents a total annual volatility of 0.0439 NOK. From a start-to-finish perspective, comparing the January average rate of 0.3626 to the December average rate of 0.3516, the exchange rate registered a net change of -3.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3739 was down 6.58% compared to the 2016 peak of 0.4002, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,869 NOK
2016 Average 1,845 NOK
Yearly Trough Low 1,650 NOK
Transaction Impact: A difference of 219.26 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3699
0.3310
JanuMarcMayJulySeptNove

HNL 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 0.3614, compared to 0.3432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0182 points.

H1 Avg (Jan–Jun) 0.3614
H2 Avg (Jul–Dec) 0.3432

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0231 NOK (High: 0.3739 / Low: 0.3508). On the other end, June was the most stable month, with a tight range of 0.0055 NOK (High: 0.3637 / Low: 0.3581).

January Spread (Volatile) ±0.0231
June Spread (Stable) ±0.0055

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 0.0126 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.3626) against the same month in 2016 (average: 0.3928), the exchange rate shifted by -0.0302 (-7.69%).

2017 Avg (January) 0.3626
2016 Avg (January) 0.3928

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3739 0.3508 0.3626
February 0.3570 0.3485 0.3538
March 0.3676 0.3578 0.3621
April 0.3703 0.3628 0.3666
May 0.3711 0.3555 0.3624
June 0.3637 0.3581 0.3611
July 0.3583 0.3381 0.3485
August 0.3419 0.3316 0.3379
September 0.3399 0.3300 0.3342
October 0.3481 0.3363 0.3404
November 0.3529 0.3434 0.3466
December 0.3566 0.3474 0.3516