YEARLY HIGH
28.5631 NOK
YEARLY LOW
25.6217 NOK
YEARLY AVERAGE
27.2530 NOK

2017 KWD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the KWD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 28.5631. Conversely, the yearly low was recorded on August 27, dropping to 25.6217.

This high-to-low spread represents a total annual volatility of 2.9414 NOK. From a start-to-finish perspective, comparing the January average rate of 27.7085 to the December average rate of 27.5262, the exchange rate registered a net change of -0.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 28.5631 was down 2.87% compared to the 2016 peak of 29.4082, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 142,816 NOK
2016 Average 138,957 NOK
Yearly Trough Low 128,109 NOK
Transaction Impact: A difference of 14,707.14 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

28.4411
25.7607
JanuMarcMayJulySeptNove

KWD 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 27.8206, compared to 26.6854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1353 points.

H1 Avg (Jan–Jun) 27.8206
H2 Avg (Jul–Dec) 26.6854

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 1.5892 NOK (High: 27.6958 / Low: 26.1067). On the other end, December was the most stable month, with a tight range of 0.5989 NOK (High: 27.8246 / Low: 27.2256).

July Spread (Volatile) ±1.5892
December Spread (Stable) ±0.5989

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 0.9454 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9454

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 28.2177) against the same month in 2016 (average: 27.2691), the exchange rate shifted by +0.9486 (+3.48%).

2017 Avg (April) 28.2177
2016 Avg (April) 27.2691

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.2734 27.0410 27.7085
February 27.5143 26.8975 27.2938
March 28.1761 27.5536 27.8675
April 28.5631 27.9158 28.2177
May 28.5289 27.4506 27.9589
June 28.1831 27.5185 27.8776
July 27.6958 26.1067 26.9322
August 26.4262 25.6217 26.1285
September 26.3675 25.6493 25.9841
October 27.0856 26.1290 26.4662
November 27.5372 26.8569 27.0750
December 27.8246 27.2256 27.5262