2017 NOK to ALL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NOK to ALL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NOK to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 15.4433. Conversely, the yearly low was recorded on December 20, dropping to 13.3574.
This high-to-low spread represents a total annual volatility of 2.0860 ALL. From a start-to-finish perspective, comparing the January average rate of 15.1555 to the December average rate of 13.5438, the exchange rate registered a net change of -10.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 15.4433 was up 0.82% compared to the 2016 peak of 15.3184, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
NOK to ALL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.7294, compared to 14.0534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6760 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 0.6127 ALL (High: 14.1142 / Low: 13.5014). On the other end, February was the most stable month, with a tight range of 0.2778 ALL (High: 15.4433 / Low: 15.1655).
Growth Streaks & Declines
TrendsBetween June and September, 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 February and March, when the average rate fell by 0.4130 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 15.2977) against the same month in 2016 (average: 14.4913), the exchange rate shifted by +0.8064 (+5.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.4311 | 14.8274 | 15.1555 |
| February | 15.4433 | 15.1655 | 15.2977 |
| March | 15.2258 | 14.6743 | 14.8847 |
| April | 14.8953 | 14.4174 | 14.7145 |
| May | 14.4295 | 14.0670 | 14.3071 |
| June | 14.1474 | 13.7722 | 14.0170 |
| July | 14.4703 | 13.8717 | 14.1090 |
| August | 14.4584 | 14.1040 | 14.2159 |
| September | 14.4868 | 14.1587 | 14.3233 |
| October | 14.3655 | 13.8888 | 14.2284 |
| November | 14.1142 | 13.5014 | 13.9001 |
| December | 13.6906 | 13.3574 | 13.5438 |