YEARLY HIGH
208.0973 CDF
YEARLY LOW
134.6128 CDF
YEARLY AVERAGE
176.7443 CDF

2017 NOK to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 208.0973. Conversely, the yearly low was recorded on January 3, dropping to 134.6128.

This high-to-low spread represents a total annual volatility of 73.4845 CDF. From a start-to-finish perspective, comparing the January average rate of 143.4876 to the December average rate of 189.8575, the exchange rate registered a net change of 32.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 208.0973 was up 50.18% compared to the 2016 peak of 138.5675, 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 1,040,487 CDF
2016 Average 576,522 CDF
Yearly Trough Low 673,064 CDF
Transaction Impact: A difference of 367,422.38 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

207.7180
137.6485
JanuMarcMayJulySeptNove

NOK to CDF 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 158.5247, compared to 194.9640 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.4393 points.

H1 Avg (Jan–Jun) 158.5247
H2 Avg (Jul–Dec) 194.9640

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 27.5797 CDF (High: 205.6162 / Low: 178.0365). On the other end, September was the most stable month, with a tight range of 4.5632 CDF (High: 201.1482 / Low: 196.5850).

July Spread (Volatile) ±27.5797
September Spread (Stable) ±4.5632

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.9627 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -3.9627

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 201.8788) against the same month in 2016 (average: 117.6209), the exchange rate shifted by +84.2579 (+71.64%).

2017 Avg (August) 201.8788
2016 Avg (August) 117.6209

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 151.8409 134.6128 143.4876
February 156.1009 150.3179 152.7964
March 159.2099 153.6698 156.3662
April 164.0419 157.3274 160.2354
May 171.4581 161.2139 166.4001
June 178.0365 169.0350 171.8624
July 205.6162 178.0365 190.8456
August 208.0973 197.2455 201.8788
September 201.1482 196.5850 199.1897
October 199.2092 191.4150 195.9874
November 194.1222 188.4511 192.0248
December 194.3925 185.9135 189.8575