2017 NOK to BTN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NOK to BTN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NOK to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 8.3126. Conversely, the yearly low was recorded on August 16, dropping to 7.3871.
This high-to-low spread represents a total annual volatility of 0.9254 BTN. From a start-to-finish perspective, comparing the January average rate of 8.0453 to the December average rate of 7.7303, the exchange rate registered a net change of -3.91% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 8.3126 was down 0.45% compared to the 2016 peak of 8.3497, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
NOK to BTN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 7.7599, compared to 7.9943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2344 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 0.8845 BTN (High: 8.2717 / Low: 7.3871). On the other end, April was the most stable month, with a tight range of 0.1289 BTN (High: 7.5780 / Low: 7.4491).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 0.2973 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 8.2220) against the same month in 2016 (average: 8.1284), the exchange rate shifted by +0.0936 (+1.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.2386 | 7.8669 | 8.0453 |
| February | 8.2514 | 7.9511 | 8.0512 |
| March | 7.9295 | 7.5511 | 7.7539 |
| April | 7.5780 | 7.4491 | 7.5112 |
| May | 7.7686 | 7.3919 | 7.5801 |
| June | 7.7376 | 7.5371 | 7.6181 |
| July | 8.1573 | 7.7145 | 7.9083 |
| August | 8.2717 | 7.3871 | 8.0417 |
| September | 8.3126 | 8.1240 | 8.2220 |
| October | 8.2513 | 7.9403 | 8.1392 |
| November | 7.9946 | 7.7106 | 7.9245 |
| December | 7.8170 | 7.6047 | 7.7303 |