2017 LTL to NOK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 LTL to NOK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the LTL to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 8.6816. Conversely, the yearly low was recorded on February 23, dropping to 2.5495.
This high-to-low spread represents a total annual volatility of 6.1321 NOK. From a start-to-finish perspective, comparing the January average rate of 3.9221 to the December average rate of 8.3113, the exchange rate registered a net change of 111.91% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 8.6816 was up 202.39% compared to the 2016 peak of 2.8710, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LTL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
LTL to NOK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 6.2283, compared to 8.0614 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8331 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 6.0368 NOK (High: 8.6025 / Low: 2.5657). On the other end, March was the most stable month, with a tight range of 0.0957 NOK (High: 2.6742 / Low: 2.5785).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 3.2184 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2017: 8.5004) against the same month in 2016 (average: 2.7201), the exchange rate shifted by +5.7803 (+212.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.6025 | 2.5657 | 3.9221 |
| February | 8.3991 | 2.5495 | 5.8523 |
| March | 2.6742 | 2.5785 | 2.6339 |
| April | 8.6731 | 2.6620 | 8.0017 |
| May | 8.6816 | 8.3336 | 8.5004 |
| June | 8.5481 | 8.3466 | 8.4591 |
| July | 8.3986 | 7.8794 | 8.1552 |
| August | 7.9779 | 7.7358 | 7.8882 |
| September | 7.9629 | 7.7310 | 7.8321 |
| October | 8.1840 | 7.8883 | 7.9986 |
| November | 8.3202 | 8.1268 | 8.1828 |
| December | 8.4065 | 8.2050 | 8.3113 |