YEARLY HIGH
0.4737 NOK
YEARLY LOW
0.3852 NOK
YEARLY AVERAGE
0.4380 NOK

2017 MXN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MXN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 26, valuing the pair at 0.4737. Conversely, the yearly low was recorded on January 19, dropping to 0.3852.

This high-to-low spread represents a total annual volatility of 0.0885 NOK. From a start-to-finish perspective, comparing the January average rate of 0.3966 to the December average rate of 0.4325, the exchange rate registered a net change of 9.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4737 was down 7.79% compared to the 2016 peak of 0.5137, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 23,685 NOK
2016 Average 22,531 NOK
Yearly Trough Low 19,259 NOK
Transaction Impact: A difference of 4,426.14 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4729
0.3897
JanuMarcMayJulySeptNove

MXN 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 0.4378, compared to 0.4383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.4378
H2 Avg (Jul–Dec) 0.4383

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0350 NOK (High: 0.4589 / Low: 0.4240). On the other end, September was the most stable month, with a tight range of 0.0113 NOK (High: 0.4457 / Low: 0.4344).

March Spread (Volatile) ±0.0350
September Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 0.0145 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.4660) against the same month in 2016 (average: 0.4448), the exchange rate shifted by +0.0212 (+4.76%).

2017 Avg (June) 0.4660
2016 Avg (June) 0.4448

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4172 0.3852 0.3966
February 0.4235 0.3975 0.4109
March 0.4589 0.4240 0.4416
April 0.4644 0.4477 0.4587
May 0.4596 0.4440 0.4528
June 0.4737 0.4498 0.4660
July 0.4663 0.4425 0.4575
August 0.4485 0.4335 0.4432
September 0.4457 0.4344 0.4393
October 0.4389 0.4147 0.4247
November 0.4461 0.4255 0.4324
December 0.4471 0.4171 0.4325