YEARLY HIGH
0.4751 AED
YEARLY LOW
0.4231 AED
YEARLY AVERAGE
0.4447 AED

2017 NOK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.4751. Conversely, the yearly low was recorded on May 9, dropping to 0.4231.

This high-to-low spread represents a total annual volatility of 0.0520 AED. From a start-to-finish perspective, comparing the January average rate of 0.4340 to the December average rate of 0.4419, the exchange rate registered a net change of 1.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4751 was up 3.17% compared to the 2016 peak of 0.4605, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,376 AED
2016 Average 2,188 AED
Yearly Trough Low 2,115 AED
Transaction Impact: A difference of 260.12 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4732
0.4232
JanuMarcMayJulySeptNove

NOK to AED 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 0.4334, compared to 0.4559 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0225 points.

H1 Avg (Jan–Jun) 0.4334
H2 Avg (Jul–Dec) 0.4559

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0288 AED (High: 0.4662 / Low: 0.4373). On the other end, April was the most stable month, with a tight range of 0.0080 AED (High: 0.4315 / Low: 0.4235).

July Spread (Volatile) ±0.0288
April Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0104 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.4690) against the same month in 2016 (average: 0.4471), the exchange rate shifted by +0.0219 (+4.89%).

2017 Avg (September) 0.4690
2016 Avg (September) 0.4471

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4454 0.4243 0.4340
February 0.4475 0.4373 0.4409
March 0.4361 0.4266 0.4319
April 0.4315 0.4235 0.4274
May 0.4408 0.4231 0.4322
June 0.4401 0.4297 0.4342
July 0.4662 0.4373 0.4506
August 0.4748 0.4604 0.4657
September 0.4751 0.4612 0.4690
October 0.4656 0.4488 0.4593
November 0.4519 0.4414 0.4489
December 0.4476 0.4369 0.4419