YEARLY HIGH
2.0635 NOK
YEARLY LOW
1.8106 NOK
YEARLY AVERAGE
1.9235 NOK

2017 MYR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MYR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 2.0635. Conversely, the yearly low was recorded on August 27, dropping to 1.8106.

This high-to-low spread represents a total annual volatility of 0.2529 NOK. From a start-to-finish perspective, comparing the January average rate of 1.8982 to the December average rate of 2.0383, the exchange rate registered a net change of 7.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0635 was down 3.70% compared to the 2016 peak of 2.1427, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 41,269 NOK
2016 Average 40,583 NOK
Yearly Trough Low 36,212 NOK
Transaction Impact: A difference of 5,057.21 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.0580
1.8217
JanuMarcMayJulySeptNove

MYR 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 1.9312, compared to 1.9157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 1.9312
H2 Avg (Jul–Dec) 1.9157

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.1140 NOK (High: 1.9543 / Low: 1.8403). On the other end, February was the most stable month, with a tight range of 0.0380 NOK (High: 1.8915 / Low: 1.8535).

July Spread (Volatile) ±0.1140
February Spread (Stable) ±0.0380

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 0.0765 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0765

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2.0383) against the same month in 2016 (average: 1.9225), the exchange rate shifted by +0.1158 (+6.02%).

2017 Avg (December) 2.0383
2016 Avg (December) 1.9225

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9295 1.8615 1.8982
February 1.8915 1.8535 1.8751
March 1.9413 1.8907 1.9162
April 1.9770 1.9294 1.9515
May 2.0049 1.9376 1.9690
June 1.9971 1.9440 1.9775
July 1.9543 1.8403 1.9010
August 1.8573 1.8106 1.8414
September 1.8859 1.8252 1.8587
October 1.9321 1.8684 1.8915
November 2.0345 1.9211 1.9631
December 2.0635 2.0202 2.0383