YEARLY HIGH
0.0949 NOK
YEARLY LOW
0.0650 NOK
YEARLY AVERAGE
0.0806 NOK

2017 LRD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LRD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0949. Conversely, the yearly low was recorded on November 24, dropping to 0.0650.

This high-to-low spread represents a total annual volatility of 0.0298 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0904 to the December average rate of 0.0662, the exchange rate registered a net change of -26.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0949 was down 9.84% compared to the 2016 peak of 0.1052, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 474 NOK
2016 Average 471 NOK
Yearly Trough Low 325 NOK
Transaction Impact: A difference of 149.09 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0937
0.0637
JanuMarcMayJulySeptNove

LRD 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 0.0902, compared to 0.0710 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0192 points.

H1 Avg (Jan–Jun) 0.0902
H2 Avg (Jul–Dec) 0.0710

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0207 NOK (High: 0.0880 / Low: 0.0673). On the other end, December was the most stable month, with a tight range of 0.0016 NOK (High: 0.0670 / Low: 0.0654).

August Spread (Volatile) ±0.0207
December Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0174 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0904) against the same month in 2016 (average: 0.1030), the exchange rate shifted by -0.0126 (-12.20%).

2017 Avg (January) 0.0904
2016 Avg (January) 0.1030

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0949 0.0873 0.0904
February 0.0894 0.0873 0.0884
March 0.0919 0.0894 0.0905
April 0.0923 0.0901 0.0912
May 0.0929 0.0886 0.0903
June 0.0911 0.0890 0.0901
July 0.0898 0.0854 0.0879
August 0.0880 0.0673 0.0706
September 0.0679 0.0661 0.0670
October 0.0688 0.0667 0.0676
November 0.0684 0.0650 0.0664
December 0.0670 0.0654 0.0662