2017 NOK to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NOK to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NOK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 383.3034. Conversely, the yearly low was recorded on April 22, dropping to 327.8295.
This high-to-low spread represents a total annual volatility of 55.4738 COP. From a start-to-finish perspective, comparing the January average rate of 347.1888 to the December average rate of 359.6442, the exchange rate registered a net change of 3.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 383.3034 was down 3.60% compared to the 2016 peak of 397.6311, 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 COP 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 344.6039, compared to 369.7564 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.1525 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 23.7070 COP (High: 364.7028 / Low: 340.9958). On the other end, August was the most stable month, with a tight range of 7.4245 COP (High: 380.3763 / Low: 372.9518).
Growth Streaks & Declines
TrendsBetween April and August, 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 March and April, when the average rate fell by 10.7686 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 372.4478) against the same month in 2016 (average: 355.5035), the exchange rate shifted by +16.9443 (+4.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 352.8951 | 340.5768 | 347.1888 |
| February | 355.5219 | 339.6988 | 345.4408 |
| March | 353.3107 | 334.5272 | 345.6679 |
| April | 343.9313 | 327.8295 | 334.8993 |
| May | 349.7191 | 337.6440 | 344.2464 |
| June | 364.7028 | 340.9958 | 350.1801 |
| July | 382.2065 | 364.7028 | 372.1043 |
| August | 380.3763 | 372.9518 | 376.5622 |
| September | 383.3034 | 367.1875 | 372.4478 |
| October | 374.8057 | 362.8329 | 369.6743 |
| November | 376.9230 | 359.6952 | 368.1057 |
| December | 367.5809 | 353.9764 | 359.6442 |