YEARLY HIGH
0.0319 NOK
YEARLY LOW
0.0286 NOK
YEARLY AVERAGE
0.0302 NOK

2017 HUF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HUF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0319. Conversely, the yearly low was recorded on February 4, dropping to 0.0286.

This high-to-low spread represents a total annual volatility of 0.0034 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0291 to the December average rate of 0.0314, the exchange rate registered a net change of 7.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0319 was up 2.38% compared to the 2016 peak of 0.0312, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 31,910 NOK
2016 Average 29,847 NOK
Yearly Trough Low 28,558 NOK
Transaction Impact: A difference of 3,351.93 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0317
0.0285
JanuMarcMayJulySeptNove

HUF 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 0.0297, compared to 0.0307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0297
H2 Avg (Jul–Dec) 0.0307

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0013 NOK (High: 0.0316 / Low: 0.0303). On the other end, February was the most stable month, with a tight range of 0.0004 NOK (High: 0.0289 / Low: 0.0286).

November Spread (Volatile) ±0.0013
February Spread (Stable) ±0.0004

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 January and February, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0314) against the same month in 2016 (average: 0.0290), the exchange rate shifted by +0.0025 (+8.63%).

2017 Avg (December) 0.0314
2016 Avg (December) 0.0290

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0295 0.0286 0.0291
February 0.0289 0.0286 0.0287
March 0.0299 0.0288 0.0294
April 0.0300 0.0290 0.0295
May 0.0308 0.0300 0.0304
June 0.0310 0.0305 0.0308
July 0.0310 0.0303 0.0307
August 0.0309 0.0302 0.0306
September 0.0306 0.0298 0.0303
October 0.0307 0.0300 0.0303
November 0.0316 0.0303 0.0308
December 0.0319 0.0311 0.0314