YEARLY HIGH
0.0242 NOK
YEARLY LOW
0.0211 NOK
YEARLY AVERAGE
0.0230 NOK

2017 MRO to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MRO to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0242. Conversely, the yearly low was recorded on September 8, dropping to 0.0211.

This high-to-low spread represents a total annual volatility of 0.0031 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0236 to the December average rate of 0.0234, the exchange rate registered a net change of -0.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0242 was down 16.45% compared to the 2016 peak of 0.0290, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 121 NOK
2016 Average 120 NOK
Yearly Trough Low 106 NOK
Transaction Impact: A difference of 15.34 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0241
0.0212
JanuMarcMayJulySeptNove

MRO 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 0.0236, compared to 0.0224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0236
H2 Avg (Jul–Dec) 0.0224

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0016 NOK (High: 0.0234 / Low: 0.0217). On the other end, April was the most stable month, with a tight range of 0.0005 NOK (High: 0.0242 / Low: 0.0237).

July Spread (Volatile) ±0.0016
April Spread (Stable) ±0.0005

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 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.0236) against the same month in 2016 (average: 0.0234), the exchange rate shifted by +0.0002 (+0.85%).

2017 Avg (May) 0.0236
2016 Avg (May) 0.0234

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0241 0.0231 0.0236
February 0.0234 0.0229 0.0232
March 0.0241 0.0235 0.0237
April 0.0242 0.0237 0.0239
May 0.0242 0.0232 0.0236
June 0.0237 0.0232 0.0235
July 0.0234 0.0217 0.0226
August 0.0219 0.0213 0.0217
September 0.0218 0.0211 0.0214
October 0.0230 0.0216 0.0222
November 0.0235 0.0229 0.0231
December 0.0237 0.0231 0.0234