YEARLY HIGH
0.1628 AUD
YEARLY LOW
0.1525 AUD
YEARLY AVERAGE
0.1578 AUD

2017 NOK to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.1628. Conversely, the yearly low was recorded on March 20, dropping to 0.1525.

This high-to-low spread represents a total annual volatility of 0.0102 AUD. From a start-to-finish perspective, comparing the January average rate of 0.1585 to the December average rate of 0.1573, the exchange rate registered a net change of -0.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1628 was down 3.14% compared to the 2016 peak of 0.1681, 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 814 AUD
2016 Average 801 AUD
Yearly Trough Low 763 AUD
Transaction Impact: A difference of 51.21 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1611
0.1536
JanuMarcMayJulySeptNove

NOK to AUD 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 0.1564, compared to 0.1593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.1564
H2 Avg (Jul–Dec) 0.1593

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0060 AUD (High: 0.1603 / Low: 0.1544). On the other end, October was the most stable month, with a tight range of 0.0026 AUD (High: 0.1620 / Low: 0.1594).

May Spread (Volatile) ±0.0060
October Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between June and October, 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 November and December, when the average rate fell by 0.0031 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.1602) against the same month in 2016 (average: 0.1580), the exchange rate shifted by +0.0022 (+1.37%).

2017 Avg (August) 0.1602
2016 Avg (August) 0.1580

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1607 0.1565 0.1585
February 0.1602 0.1552 0.1566
March 0.1563 0.1525 0.1543
April 0.1562 0.1525 0.1543
May 0.1603 0.1544 0.1583
June 0.1603 0.1544 0.1565
July 0.1586 0.1558 0.1572
August 0.1628 0.1586 0.1602
September 0.1617 0.1585 0.1602
October 0.1620 0.1594 0.1605
November 0.1615 0.1589 0.1603
December 0.1605 0.1551 0.1573