YEARLY HIGH
10.5755 BDT
YEARLY LOW
9.1365 BDT
YEARLY AVERAGE
9.8304 BDT

2017 NOK to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 10.5755. Conversely, the yearly low was recorded on January 3, dropping to 9.1365.

This high-to-low spread represents a total annual volatility of 1.4390 BDT. From a start-to-finish perspective, comparing the January average rate of 9.3673 to the December average rate of 9.9569, the exchange rate registered a net change of 6.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 10.5755 was up 7.78% compared to the 2016 peak of 9.8122, 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 52,878 BDT
2016 Average 46,783 BDT
Yearly Trough Low 45,683 BDT
Transaction Impact: A difference of 7,195.04 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

10.5307
9.2616
JanuMarcMayJulySeptNove

NOK to BDT 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 9.4920, compared to 10.1688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6768 points.

H1 Avg (Jan–Jun) 9.4920
H2 Avg (Jul–Dec) 10.1688

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.6277 BDT (High: 10.2339 / Low: 9.6062). On the other end, June was the most stable month, with a tight range of 0.1857 BDT (High: 9.6381 / Low: 9.4524).

July Spread (Volatile) ±0.6277
June Spread (Stable) ±0.1857

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2090 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 10.4250) against the same month in 2016 (average: 9.5458), the exchange rate shifted by +0.8791 (+9.21%).

2017 Avg (September) 10.4250
2016 Avg (September) 9.5458

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.6162 9.1365 9.3673
February 9.7054 9.4788 9.5921
March 9.5123 9.2751 9.4221
April 9.8059 9.2943 9.4943
May 9.6799 9.3226 9.5418
June 9.6381 9.4524 9.5345
July 10.2339 9.6062 9.9157
August 10.5341 10.1327 10.2646
September 10.5755 10.1681 10.4250
October 10.4522 10.1003 10.2849
November 10.3546 9.9005 10.1659
December 10.0778 9.8614 9.9569