YEARLY HIGH
0.2587 BBD
YEARLY LOW
0.2304 BBD
YEARLY AVERAGE
0.2421 BBD

2017 NOK to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.2587. Conversely, the yearly low was recorded on May 9, dropping to 0.2304.

This high-to-low spread represents a total annual volatility of 0.0283 BBD. From a start-to-finish perspective, comparing the January average rate of 0.2364 to the December average rate of 0.2406, the exchange rate registered a net change of 1.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2587 was up 3.17% compared to the 2016 peak of 0.2508, 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 1,293 BBD
2016 Average 1,191 BBD
Yearly Trough Low 1,152 BBD
Transaction Impact: A difference of 141.64 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2576
0.2305
JanuMarcMayJulySeptNove

NOK to BBD 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 0.2360, compared to 0.2482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0122 points.

H1 Avg (Jan–Jun) 0.2360
H2 Avg (Jul–Dec) 0.2482

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0157 BBD (High: 0.2538 / Low: 0.2381). On the other end, April was the most stable month, with a tight range of 0.0044 BBD (High: 0.2350 / Low: 0.2306).

July Spread (Volatile) ±0.0157
April Spread (Stable) ±0.0044

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 0.0056 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.2554) against the same month in 2016 (average: 0.2435), the exchange rate shifted by +0.0119 (+4.89%).

2017 Avg (September) 0.2554
2016 Avg (September) 0.2435

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2418 0.2313 0.2364
February 0.2440 0.2381 0.2401
March 0.2375 0.2323 0.2352
April 0.2350 0.2306 0.2327
May 0.2400 0.2304 0.2353
June 0.2396 0.2340 0.2364
July 0.2538 0.2381 0.2454
August 0.2585 0.2507 0.2536
September 0.2587 0.2512 0.2554
October 0.2535 0.2444 0.2501
November 0.2461 0.2404 0.2444
December 0.2438 0.2379 0.2406