2017 NOK to AZN Historical Review

YEARLY HIGH

0.2371 AZN

YEARLY LOW

0.1932 AZN

YEARLY AVERAGE

0.2083 AZN

2017 NOK to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.2371. Conversely, the yearly low was recorded on May 9, dropping to 0.1932.

This high-to-low spread represents a total annual volatility of 0.0438 AZN. From a start-to-finish perspective, comparing the January average rate of 0.2192 to the December average rate of 0.2042, the exchange rate registered a net change of -6.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2371 was up 12.92% compared to the 2016 peak of 0.2099, 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 1,185 AZN

2016 Average 955 AZN

Yearly Trough Low 966 AZN

Transaction Impact: A difference of 219.16 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2216

0.1939

JanuMarcMayJulySeptNove

NOK to AZN 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 0.2062, compared to 0.2104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.2062

H2 Avg (Jul–Dec) 0.2104

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0281 AZN (High: 0.2363 / Low: 0.2081). On the other end, June was the most stable month, with a tight range of 0.0031 AZN (High: 0.2020 / Low: 0.1989).

January Spread (Volatile) ±0.0281

June Spread (Stable) ±0.0031

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 February and March, when the average rate fell by 0.0151 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.2193) against the same month in 2016 (average: 0.1838), the exchange rate shifted by +0.0356 (+19.35%).

2017 Avg (February) 0.2193

2016 Avg (February) 0.1838

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2363	0.2081	0.2192
February	0.2371	0.2102	0.2193
March	0.2116	0.1996	0.2042
April	0.1999	0.1934	0.1962
May	0.2040	0.1932	0.1983
June	0.2020	0.1989	0.2002
July	0.2150	0.2014	0.2071
August	0.2198	0.2119	0.2147
September	0.2197	0.2116	0.2166
October	0.2148	0.2075	0.2119
November	0.2092	0.2041	0.2076
December	0.2072	0.2010	0.2042