2017 NOK to ARS Historical Review

YEARLY HIGH

2.3336 ARS

YEARLY LOW

1.7640 ARS

YEARLY AVERAGE

2.0064 ARS

2017 NOK to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.3336. Conversely, the yearly low was recorded on April 10, dropping to 1.7640.

This high-to-low spread represents a total annual volatility of 0.5697 ARS. From a start-to-finish perspective, comparing the January average rate of 1.8774 to the December average rate of 2.1335, the exchange rate registered a net change of 13.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.3336 was up 21.58% compared to the 2016 peak of 1.9194, 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 11,668 ARS

2016 Average 8,791 ARS

Yearly Trough Low 8,820 ARS

Transaction Impact: A difference of 2,848.28 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.2510

1.7424

JanuMarcMayJulySeptNove

NOK to ARS 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 1.8513, compared to 2.1614 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3101 points.

H1 Avg (Jan–Jun) 1.8513

H2 Avg (Jul–Dec) 2.1614

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.2770 ARS (High: 2.2503 / Low: 1.9733). On the other end, April was the most stable month, with a tight range of 0.0398 ARS (High: 1.8038 / Low: 1.7640).

July Spread (Volatile) ±0.2770

April Spread (Stable) ±0.0398

Growth Streaks & Declines

Trends

Between April and August, 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 October and November, when the average rate fell by 0.0454 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0454

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2.1335) against the same month in 2016 (average: 1.8484), the exchange rate shifted by +0.2851 (+15.43%).

2017 Avg (December) 2.1335

2016 Avg (December) 1.8484

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9281	1.8376	1.8774
February	1.9184	1.8418	1.8694
March	1.8454	1.7902	1.8247
April	1.8038	1.7640	1.7848
May	1.9383	1.7643	1.8485
June	1.9916	1.8719	1.9031
July	2.2503	1.9733	2.1067
August	2.2405	2.1464	2.2087
September	2.2384	2.1577	2.2005
October	2.2092	2.1572	2.1822
November	2.1685	2.0795	2.1368
December	2.3336	2.0570	2.1335