YEARLY HIGH
0.4903 NOK
YEARLY LOW
0.4128 NOK
YEARLY AVERAGE
0.4489 NOK

2017 MDL to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MDL to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.4903. Conversely, the yearly low was recorded on February 3, dropping to 0.4128.

This high-to-low spread represents a total annual volatility of 0.0774 NOK. From a start-to-finish perspective, comparing the January average rate of 0.4219 to the December average rate of 0.4838, the exchange rate registered a net change of 14.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4903 was up 9.27% compared to the 2016 peak of 0.4487, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,451 NOK
2016 Average 2,112 NOK
Yearly Trough Low 2,064 NOK
Transaction Impact: A difference of 387.19 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4904
0.4111
JanuMarcMayJulySeptNove

MDL 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 0.4399, compared to 0.4578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0178 points.

H1 Avg (Jan–Jun) 0.4399
H2 Avg (Jul–Dec) 0.4578

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0276 NOK (High: 0.4635 / Low: 0.4359). On the other end, June was the most stable month, with a tight range of 0.0070 NOK (High: 0.4681 / Low: 0.4611).

July Spread (Volatile) ±0.0276
June Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0143 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.4838) against the same month in 2016 (average: 0.4261), the exchange rate shifted by +0.0578 (+13.55%).

2017 Avg (December) 0.4838
2016 Avg (December) 0.4261

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4335 0.4139 0.4219
February 0.4227 0.4128 0.4177
March 0.4419 0.4219 0.4322
April 0.4495 0.4402 0.4448
May 0.4655 0.4459 0.4584
June 0.4681 0.4611 0.4646
July 0.4635 0.4359 0.4504
August 0.4472 0.4330 0.4415
September 0.4531 0.4352 0.4433
October 0.4748 0.4509 0.4593
November 0.4854 0.4621 0.4682
December 0.4903 0.4799 0.4838