YEARLY HIGH
21.4619 AOA
YEARLY LOW
19.1108 AOA
YEARLY AVERAGE
20.0859 AOA

2017 NOK to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 21.4619. Conversely, the yearly low was recorded on May 9, dropping to 19.1108.

This high-to-low spread represents a total annual volatility of 2.3511 AOA. From a start-to-finish perspective, comparing the January average rate of 19.6038 to the December average rate of 19.9645, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 21.4619 was up 3.39% compared to the 2016 peak of 20.7580, 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 107,309 AOA
2016 Average 97,079 AOA
Yearly Trough Low 95,554 AOA
Transaction Impact: A difference of 11,755.58 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

21.3740
19.1182
JanuMarcMayJulySeptNove

NOK to AOA 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 19.5782, compared to 20.5936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0154 points.

H1 Avg (Jan–Jun) 19.5782
H2 Avg (Jul–Dec) 20.5936

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 1.3019 AOA (High: 21.0572 / Low: 19.7554). On the other end, April was the most stable month, with a tight range of 0.3628 AOA (High: 19.4923 / Low: 19.1295).

July Spread (Volatile) ±1.3019
April Spread (Stable) ±0.3628

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 0.4683 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4683

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 21.1860) against the same month in 2016 (average: 20.1565), the exchange rate shifted by +1.0295 (+5.11%).

2017 Avg (September) 21.1860
2016 Avg (September) 20.1565

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.1198 19.1667 19.6038
February 20.2142 19.7528 19.9165
March 19.6993 19.2708 19.5068
April 19.4923 19.1295 19.3062
May 19.9091 19.1108 19.5216
June 19.8783 19.4098 19.6143
July 21.0572 19.7554 20.3511
August 21.4484 20.7974 21.0359
September 21.4619 20.8367 21.1860
October 21.0339 20.2739 20.7463
November 20.4168 19.9422 20.2780
December 20.2221 19.7375 19.9645