YEARLY HIGH
225.9846 BIF
YEARLY LOW
193.1646 BIF
YEARLY AVERAGE
208.6119 BIF

2017 NOK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 225.9846. Conversely, the yearly low was recorded on January 2, dropping to 193.1646.

This high-to-low spread represents a total annual volatility of 32.8200 BIF. From a start-to-finish perspective, comparing the January average rate of 198.5161 to the December average rate of 211.6100, the exchange rate registered a net change of 6.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 225.9846 was up 8.07% compared to the 2016 peak of 209.1023, 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 1,129,923 BIF
2016 Average 963,179 BIF
Yearly Trough Low 965,823 BIF
Transaction Impact: A difference of 164,100.11 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

225.4570
194.9543
JanuMarcMayJulySeptNove

NOK to BIF 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 200.4941, compared to 216.7296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.2355 points.

H1 Avg (Jan–Jun) 200.4941
H2 Avg (Jul–Dec) 216.7296

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 14.5722 BIF (High: 218.8809 / Low: 204.3087). On the other end, April was the most stable month, with a tight range of 4.1921 BIF (High: 199.0877 / Low: 194.8956).

July Spread (Volatile) ±14.5722
April Spread (Stable) ±4.1921

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 4.7067 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -4.7067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 222.9151) against the same month in 2016 (average: 202.6018), the exchange rate shifted by +20.3134 (+10.03%).

2017 Avg (September) 222.9151
2016 Avg (September) 202.6018

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 203.8938 193.1646 198.5161
February 206.1757 201.4334 203.2691
March 203.0400 195.4892 199.4396
April 199.0877 194.8956 197.4962
May 205.4793 195.3395 200.3959
June 206.6768 202.1102 203.8478
July 218.8809 204.3087 211.6243
August 224.4893 217.2488 220.3990
September 225.9846 217.8841 222.9151
October 222.2922 214.6678 219.2680
November 216.6900 209.8617 214.5613
December 214.2091 208.7582 211.6100