YEARLY HIGH
383.3034 COP
YEARLY LOW
327.8295 COP
YEARLY AVERAGE
357.1801 COP

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.

Transfer Payout Power Comparison

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

Yearly Peak High 1,916,517 COP
2016 Average 1,816,097 COP
Yearly Trough Low 1,639,148 COP
Transaction Impact: A difference of 277,369.21 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

380.7285
330.7331
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 344.6039
H2 Avg (Jul–Dec) 369.7564

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±23.7070
August Spread (Stable) ±7.4245

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -10.7686

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (September) 372.4478
2016 Avg (September) 355.5035

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