YEARLY HIGH
0.2220 BAM
YEARLY LOW
0.1960 BAM
YEARLY AVERAGE
0.2098 BAM

2017 NOK to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.2220. Conversely, the yearly low was recorded on December 20, dropping to 0.1960.

This high-to-low spread represents a total annual volatility of 0.0260 BAM. From a start-to-finish perspective, comparing the January average rate of 0.2174 to the December average rate of 0.1987, the exchange rate registered a net change of -8.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2220 was up 1.41% compared to the 2016 peak of 0.2189, 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 1,110 BAM
2016 Average 1,053 BAM
Yearly Trough Low 980 BAM
Transaction Impact: A difference of 129.96 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2227
0.1966
JanuMarcMayJulySeptNove

NOK to BAM 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 0.2133, compared to 0.2063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.2133
H2 Avg (Jul–Dec) 0.2063

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0094 BAM (High: 0.2070 / Low: 0.1977). On the other end, February was the most stable month, with a tight range of 0.0031 BAM (High: 0.2220 / Low: 0.2188).

November Spread (Volatile) ±0.0094
February Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0054 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.2205) against the same month in 2016 (average: 0.2047), the exchange rate shifted by +0.0158 (+7.73%).

2017 Avg (February) 0.2205
2016 Avg (February) 0.2047

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2206 0.2152 0.2174
February 0.2220 0.2188 0.2205
March 0.2201 0.2121 0.2151
April 0.2159 0.2089 0.2126
May 0.2101 0.2059 0.2081
June 0.2074 0.2039 0.2060
July 0.2128 0.2049 0.2082
August 0.2134 0.2085 0.2099
September 0.2117 0.2070 0.2096
October 0.2099 0.2024 0.2080
November 0.2070 0.1977 0.2037
December 0.2005 0.1960 0.1987