YEARLY HIGH
0.4085 BRL
YEARLY LOW
0.3604 BRL
YEARLY AVERAGE
0.3864 BRL

2017 NOK to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.4085. Conversely, the yearly low was recorded on April 4, dropping to 0.3604.

This high-to-low spread represents a total annual volatility of 0.0481 BRL. From a start-to-finish perspective, comparing the January average rate of 0.3777 to the December average rate of 0.3968, the exchange rate registered a net change of 5.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4085 was down 13.64% compared to the 2016 peak of 0.4730, 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 2,043 BRL
2016 Average 2,074 BRL
Yearly Trough Low 1,802 BRL
Transaction Impact: A difference of 240.41 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4032
0.3621
JanuMarcMayJulySeptNove

NOK to BRL 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 0.3750, compared to 0.3978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0228 points.

H1 Avg (Jan–Jun) 0.3750
H2 Avg (Jul–Dec) 0.3978

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0338 BRL (High: 0.3976 / Low: 0.3639). On the other end, March was the most stable month, with a tight range of 0.0098 BRL (High: 0.3721 / Low: 0.3623).

May Spread (Volatile) ±0.0338
March Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0056 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.3998) against the same month in 2016 (average: 0.3864), the exchange rate shifted by +0.0134 (+3.47%).

2017 Avg (August) 0.3998
2016 Avg (August) 0.3864

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3822 0.3715 0.3777
February 0.3801 0.3660 0.3728
March 0.3721 0.3623 0.3673
April 0.3713 0.3604 0.3656
May 0.3976 0.3639 0.3772
June 0.3963 0.3833 0.3896
July 0.3978 0.3874 0.3927
August 0.4085 0.3932 0.3998
September 0.4083 0.3960 0.3998
October 0.4051 0.3939 0.3988
November 0.4056 0.3899 0.3989
December 0.4037 0.3898 0.3968