YEARLY HIGH
82.6575 CLP
YEARLY LOW
73.7525 CLP
YEARLY AVERAGE
78.4889 CLP

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 413,287 CLP
2016 Average 402,782 CLP
Yearly Trough Low 368,762 CLP
Transaction Impact: A difference of 44,525.14 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

82.1105
75.8074
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 77.8241
H2 Avg (Jul–Dec) 79.1538

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±5.3049
January Spread (Stable) ±1.4488

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.6663

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (July) 80.7227
2016 Avg (July) 77.6399

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