YEARLY HIGH
0.0120 NOK
YEARLY LOW
0.0106 NOK
YEARLY AVERAGE
0.0114 NOK

2017 MWK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MWK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0120. Conversely, the yearly low was recorded on September 7, dropping to 0.0106.

This high-to-low spread represents a total annual volatility of 0.0014 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0117 to the December average rate of 0.0115, the exchange rate registered a net change of -1.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0120 was down 10.98% compared to the 2016 peak of 0.0135, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60 NOK
2016 Average 59 NOK
Yearly Trough Low 53 NOK
Transaction Impact: A difference of 6.99 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0119
0.0107
JanuMarcMayJulySeptNove

MWK 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 0.0117, compared to 0.0111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0117
H2 Avg (Jul–Dec) 0.0111

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0008 NOK (High: 0.0116 / Low: 0.0108). On the other end, April was the most stable month, with a tight range of 0.0003 NOK (High: 0.0120 / Low: 0.0117).

July Spread (Volatile) ±0.0008
April Spread (Stable) ±0.0003

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0117) against the same month in 2016 (average: 0.0128), the exchange rate shifted by -0.0011 (-8.73%).

2017 Avg (January) 0.0117
2016 Avg (January) 0.0128

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0120 0.0114 0.0117
February 0.0116 0.0113 0.0115
March 0.0119 0.0116 0.0117
April 0.0120 0.0117 0.0118
May 0.0120 0.0115 0.0117
June 0.0118 0.0115 0.0116
July 0.0116 0.0108 0.0112
August 0.0110 0.0107 0.0109
September 0.0110 0.0106 0.0108
October 0.0113 0.0109 0.0110
November 0.0115 0.0112 0.0113
December 0.0116 0.0113 0.0115