2017 NOK to BHD Historical Review

YEARLY HIGH

0.0488 BHD

YEARLY LOW

0.0434 BHD

YEARLY AVERAGE

0.0457 BHD

2017 NOK to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.0488. Conversely, the yearly low was recorded on May 4, dropping to 0.0434.

This high-to-low spread represents a total annual volatility of 0.0053 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0445 to the December average rate of 0.0454, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0488 was up 3.19% compared to the 2016 peak of 0.0473, 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 244 BHD

2016 Average 225 BHD

Yearly Trough Low 217 BHD

Transaction Impact: A difference of 26.74 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0486

0.0434

JanuMarcMayJulySeptNove

NOK to BHD 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 0.0445, compared to 0.0468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0445

H2 Avg (Jul–Dec) 0.0468

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0029 BHD (High: 0.0479 / Low: 0.0449). On the other end, April was the most stable month, with a tight range of 0.0008 BHD (High: 0.0443 / Low: 0.0435).

July Spread (Volatile) ±0.0029

April Spread (Stable) ±0.0008

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 0.0011 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.0481) against the same month in 2016 (average: 0.0459), the exchange rate shifted by +0.0023 (+4.92%).

2017 Avg (September) 0.0481

2016 Avg (September) 0.0459

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0457	0.0435	0.0445
February	0.0459	0.0449	0.0453
March	0.0448	0.0438	0.0443
April	0.0443	0.0435	0.0439
May	0.0453	0.0434	0.0444
June	0.0452	0.0441	0.0446
July	0.0479	0.0449	0.0463
August	0.0488	0.0473	0.0478
September	0.0488	0.0474	0.0481
October	0.0478	0.0461	0.0472
November	0.0465	0.0453	0.0461
December	0.0459	0.0448	0.0454