YEARLY HIGH
1.3136 BWP
YEARLY LOW
1.1860 BWP
YEARLY AVERAGE
1.2521 BWP

2017 NOK to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 1.3136. Conversely, the yearly low was recorded on December 20, dropping to 1.1860.

This high-to-low spread represents a total annual volatility of 0.1275 BWP. From a start-to-finish perspective, comparing the January average rate of 1.2509 to the December average rate of 1.2221, the exchange rate registered a net change of -2.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.3136 was down 3.57% compared to the 2016 peak of 1.3622, 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 6,568 BWP
2016 Average 6,485 BWP
Yearly Trough Low 5,930 BWP
Transaction Impact: A difference of 637.73 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.3071
1.1977
JanuMarcMayJulySeptNove

NOK to BWP 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 1.2287, compared to 1.2755 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0468 points.

H1 Avg (Jan–Jun) 1.2287
H2 Avg (Jul–Dec) 1.2755

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0654 BWP (High: 1.3044 / Low: 1.2390). On the other end, October was the most stable month, with a tight range of 0.0166 BWP (High: 1.3054 / Low: 1.2888).

November Spread (Volatile) ±0.0654
October Spread (Stable) ±0.0166

Growth Streaks & Declines

Trends

Between June and October, 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 November and December, when the average rate fell by 0.0633 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0633

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 1.2945) against the same month in 2016 (average: 1.2635), the exchange rate shifted by +0.0310 (+2.45%).

2017 Avg (August) 1.2945
2016 Avg (August) 1.2635

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2721 1.2355 1.2509
February 1.2775 1.2355 1.2549
March 1.2413 1.1883 1.2153
April 1.2432 1.1958 1.2239
May 1.2399 1.2040 1.2203
June 1.2246 1.1940 1.2068
July 1.2830 1.2246 1.2555
August 1.3136 1.2807 1.2945
September 1.3077 1.2835 1.2978
October 1.3054 1.2888 1.2980
November 1.3044 1.2390 1.2853
December 1.2507 1.1860 1.2221