YEARLY HIGH
0.0058 NOK
YEARLY LOW
0.0051 NOK
YEARLY AVERAGE
0.0055 NOK

2017 LBP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LBP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0058. Conversely, the yearly low was recorded on September 8, dropping to 0.0051.

This high-to-low spread represents a total annual volatility of 0.0007 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0056 to the December average rate of 0.0055, the exchange rate registered a net change of -2.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0058 was down 2.66% compared to the 2016 peak of 0.0059, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 29 NOK
2016 Average 28 NOK
Yearly Trough Low 26 NOK
Transaction Impact: A difference of 3.29 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0057
0.0051
JanuMarcMayJulySeptNove

LBP 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 0.0056, compared to 0.0053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0056
H2 Avg (Jul–Dec) 0.0053

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0004 NOK (High: 0.0056 / Low: 0.0052). On the other end, December was the most stable month, with a tight range of 0.0001 NOK (High: 0.0055 / Low: 0.0054).

July Spread (Volatile) ±0.0004
December Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.0056) against the same month in 2016 (average: 0.0055), the exchange rate shifted by +0.0002 (+3.27%).

2017 Avg (May) 0.0056
2016 Avg (May) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0057 0.0055 0.0056
February 0.0056 0.0055 0.0055
March 0.0057 0.0056 0.0057
April 0.0058 0.0056 0.0057
May 0.0058 0.0055 0.0056
June 0.0057 0.0055 0.0056
July 0.0056 0.0052 0.0054
August 0.0053 0.0051 0.0052
September 0.0053 0.0051 0.0052
October 0.0054 0.0052 0.0053
November 0.0055 0.0053 0.0054
December 0.0055 0.0054 0.0055