2017 NOK to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NOK to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NOK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 82.6575. Conversely, the yearly low was recorded on December 20, dropping to 73.7525.
This high-to-low spread represents a total annual volatility of 8.9050 CLP. From a start-to-finish perspective, comparing the January average rate of 77.9772 to the December average rate of 76.4208, the exchange rate registered a net change of -2.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 82.6575 was down 1.86% compared to the 2016 peak of 84.2249, 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 CLP 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 77.8241, compared to 79.1538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3297 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was December, with a trading range of 5.3049 CLP (High: 79.0574 / Low: 73.7525). On the other end, January was the most stable month, with a tight range of 1.4488 CLP (High: 78.7789 / Low: 77.3301).
Growth Streaks & Declines
TrendsBetween June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.6663 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 80.7227) against the same month in 2016 (average: 77.6399), the exchange rate shifted by +3.0828 (+3.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 78.7789 | 77.3301 | 77.9772 |
| February | 78.4880 | 76.1485 | 77.2048 |
| March | 78.4254 | 76.8130 | 77.7884 |
| April | 77.7349 | 75.3248 | 76.3326 |
| May | 80.6234 | 77.2513 | 79.0286 |
| June | 79.6664 | 77.6550 | 78.6129 |
| July | 82.6575 | 79.3108 | 80.7227 |
| August | 82.3784 | 80.6924 | 81.5853 |
| September | 80.5178 | 78.9966 | 79.9190 |
| October | 80.1878 | 77.5812 | 78.8357 |
| November | 78.2877 | 75.7833 | 77.4393 |
| December | 79.0574 | 73.7525 | 76.4208 |