YEARLY HIGH
1.3264 NOK
YEARLY LOW
1.1813 NOK
YEARLY AVERAGE
1.2504 NOK

2017 HRK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HRK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.3264. Conversely, the yearly low was recorded on February 21, dropping to 1.1813.

This high-to-low spread represents a total annual volatility of 0.1451 NOK. From a start-to-finish perspective, comparing the January average rate of 1.1949 to the December average rate of 1.3068, the exchange rate registered a net change of 9.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.3264 was up 4.50% compared to the 2016 peak of 1.2692, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,632 NOK
2016 Average 6,171 NOK
Yearly Trough Low 5,906 NOK
Transaction Impact: A difference of 725.54 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.3184
1.1795
JanuMarcMayJulySeptNove

HRK 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 1.2324, compared to 1.2684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0360 points.

H1 Avg (Jan–Jun) 1.2324
H2 Avg (Jul–Dec) 1.2684

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0576 NOK (High: 1.3106 / Low: 1.2530). On the other end, February was the most stable month, with a tight range of 0.0165 NOK (High: 1.1978 / Low: 1.1813).

November Spread (Volatile) ±0.0576
February Spread (Stable) ±0.0165

Growth Streaks & Declines

Trends

Between February and June, 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 June and July, when the average rate fell by 0.0129 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1.3068) against the same month in 2016 (average: 1.1986), the exchange rate shifted by +0.1082 (+9.03%).

2017 Avg (December) 1.3068
2016 Avg (December) 1.1986

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2035 1.1865 1.1949
February 1.1978 1.1813 1.1911
March 1.2401 1.1958 1.2256
April 1.2542 1.2225 1.2357
May 1.2815 1.2537 1.2653
June 1.2943 1.2742 1.2820
July 1.2891 1.2489 1.2691
August 1.2676 1.2437 1.2589
September 1.2600 1.2383 1.2507
October 1.2672 1.2413 1.2519
November 1.3106 1.2530 1.2731
December 1.3264 1.2929 1.3068