YEARLY HIGH
0.0577 NOK
YEARLY LOW
0.0505 NOK
YEARLY AVERAGE
0.0542 NOK

2017 LKR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LKR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0577. Conversely, the yearly low was recorded on September 8, dropping to 0.0505.

This high-to-low spread represents a total annual volatility of 0.0073 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0564 to the December average rate of 0.0543, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0577 was down 7.06% compared to the 2016 peak of 0.0621, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 289 NOK
2016 Average 287 NOK
Yearly Trough Low 252 NOK
Transaction Impact: A difference of 36.34 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0570
0.0506
JanuMarcMayJulySeptNove

LKR 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 0.0559, compared to 0.0526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0559
H2 Avg (Jul–Dec) 0.0526

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0033 NOK (High: 0.0547 / Low: 0.0514). On the other end, February was the most stable month, with a tight range of 0.0010 NOK (High: 0.0557 / Low: 0.0547).

July Spread (Volatile) ±0.0033
February Spread (Stable) ±0.0010

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 0.0022 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0564) against the same month in 2016 (average: 0.0612), the exchange rate shifted by -0.0047 (-7.72%).

2017 Avg (January) 0.0564
2016 Avg (January) 0.0612

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0577 0.0550 0.0564
February 0.0557 0.0547 0.0552
March 0.0571 0.0556 0.0561
April 0.0571 0.0561 0.0565
May 0.0572 0.0546 0.0558
June 0.0558 0.0545 0.0553
July 0.0547 0.0514 0.0532
August 0.0522 0.0508 0.0516
September 0.0519 0.0505 0.0512
October 0.0533 0.0513 0.0521
November 0.0544 0.0529 0.0533
December 0.0551 0.0535 0.0543