YEARLY HIGH
0.2614 BZD
YEARLY LOW
0.2305 BZD
YEARLY AVERAGE
0.2435 BZD

2017 NOK to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.2614. Conversely, the yearly low was recorded on May 4, dropping to 0.2305.

This high-to-low spread represents a total annual volatility of 0.0310 BZD. From a start-to-finish perspective, comparing the January average rate of 0.2375 to the December average rate of 0.2419, the exchange rate registered a net change of 1.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2614 was up 4.44% compared to the 2016 peak of 0.2503, 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 1,307 BZD
2016 Average 1,191 BZD
Yearly Trough Low 1,152 BZD
Transaction Impact: A difference of 154.77 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2600
0.2318
JanuMarcMayJulySeptNove

NOK to BZD 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 0.2371, compared to 0.2498 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 0.2371
H2 Avg (Jul–Dec) 0.2498

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0161 BZD (High: 0.2553 / Low: 0.2392). On the other end, April was the most stable month, with a tight range of 0.0048 BZD (High: 0.2360 / Low: 0.2312).

July Spread (Volatile) ±0.0161
April Spread (Stable) ±0.0048

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 0.0062 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.2553) against the same month in 2016 (average: 0.2407), the exchange rate shifted by +0.0146 (+6.08%).

2017 Avg (August) 0.2553
2016 Avg (August) 0.2407

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2428 0.2324 0.2375
February 0.2450 0.2393 0.2413
March 0.2386 0.2323 0.2361
April 0.2360 0.2312 0.2341
May 0.2408 0.2305 0.2364
June 0.2404 0.2353 0.2374
July 0.2553 0.2392 0.2467
August 0.2614 0.2521 0.2553
September 0.2613 0.2531 0.2576
October 0.2557 0.2457 0.2518
November 0.2480 0.2404 0.2456
December 0.2446 0.2384 0.2419