2017 JOD to NOK Historical Review

YEARLY HIGH

12.2362 NOK

YEARLY LOW

10.9041 NOK

YEARLY AVERAGE

11.6590 NOK

2017 JOD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 12.2362. Conversely, the yearly low was recorded on September 7, dropping to 10.9041.

This high-to-low spread represents a total annual volatility of 1.3322 NOK. From a start-to-finish perspective, comparing the January average rate of 11.9466 to the December average rate of 11.7185, the exchange rate registered a net change of -1.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 12.2362 was down 2.91% compared to the 2016 peak of 12.6028, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,181 NOK

2016 Average 59,277 NOK

Yearly Trough Low 54,520 NOK

Transaction Impact: A difference of 6,660.76 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

12.2203

10.9427

JanuMarcMayJulySeptNove

JOD 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 11.9502, compared to 11.3679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5823 points.

H1 Avg (Jan–Jun) 11.9502

H2 Avg (Jul–Dec) 11.3679

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.7077 NOK (High: 11.8289 / Low: 11.1212). On the other end, April was the most stable month, with a tight range of 0.2328 NOK (High: 12.2294 / Low: 11.9966).

July Spread (Volatile) ±0.7077

April Spread (Stable) ±0.2328

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 0.4227 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 11.9758) against the same month in 2016 (average: 11.6247), the exchange rate shifted by +0.3512 (+3.02%).

2017 Avg (May) 11.9758

2016 Avg (May) 11.6247

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2171	11.6435	11.9466
February	11.8538	11.5834	11.7558
March	12.1344	11.8753	11.9951
April	12.2294	11.9966	12.1139
May	12.2362	11.7440	11.9758
June	12.0394	11.7740	11.9139
July	11.8289	11.1212	11.4912
August	11.2523	10.9108	11.1281
September	11.2376	10.9041	11.0491
October	11.5431	11.1133	11.2799
November	11.7352	11.4623	11.5406
December	11.8568	11.5482	11.7185