2017 MVR to NOK Historical Review

YEARLY HIGH

0.5666 NOK

YEARLY LOW

0.5007 NOK

YEARLY AVERAGE

0.5358 NOK

2017 MVR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MVR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.5666. Conversely, the yearly low was recorded on August 27, dropping to 0.5007.

This high-to-low spread represents a total annual volatility of 0.0659 NOK. From a start-to-finish perspective, comparing the January average rate of 0.5507 to the December average rate of 0.5395, the exchange rate registered a net change of -2.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5666 was down 3.13% compared to the 2016 peak of 0.5849, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,833 NOK

2016 Average 2,751 NOK

Yearly Trough Low 2,503 NOK

Transaction Impact: A difference of 329.60 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5615

0.5033

JanuMarcMayJulySeptNove

MVR 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 0.5480, compared to 0.5235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0245 points.

H1 Avg (Jan–Jun) 0.5480

H2 Avg (Jul–Dec) 0.5235

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0590 NOK (High: 0.5597 / Low: 0.5007). On the other end, April was the most stable month, with a tight range of 0.0101 NOK (High: 0.5628 / Low: 0.5527).

August Spread (Volatile) ±0.0590

April Spread (Stable) ±0.0101

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 0.0168 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0168

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.5507) against the same month in 2016 (average: 0.5756), the exchange rate shifted by -0.0248 (-4.32%).

2017 Avg (January) 0.5507

2016 Avg (January) 0.5756

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5666	0.5351	0.5507
February	0.5445	0.5304	0.5389
March	0.5554	0.5416	0.5488
April	0.5628	0.5527	0.5566
May	0.5652	0.5342	0.5494
June	0.5515	0.5385	0.5436
July	0.5418	0.5100	0.5267
August	0.5597	0.5007	0.5146
September	0.5167	0.5017	0.5081
October	0.5314	0.5119	0.5192
November	0.5435	0.5282	0.5328
December	0.5455	0.5328	0.5395