2017 NOK to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NOK to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NOK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 12.5557. Conversely, the yearly low was recorded on December 20, dropping to 11.1105.
This high-to-low spread represents a total annual volatility of 1.4452 CVE. From a start-to-finish perspective, comparing the January average rate of 12.2790 to the December average rate of 11.2431, the exchange rate registered a net change of -8.44% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 12.5557 was up 1.79% compared to the 2016 peak of 12.3352, 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 CVE 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 12.0620, compared to 11.6675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3945 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 0.5888 CVE (High: 11.7424 / Low: 11.1535). On the other end, February was the most stable month, with a tight range of 0.1512 CVE (High: 12.5557 / Low: 12.4045).
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 February and March, when the average rate fell by 0.3099 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 12.4785) against the same month in 2016 (average: 11.5501), the exchange rate shifted by +0.9284 (+8.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.4596 | 12.0108 | 12.2790 |
| February | 12.5557 | 12.4045 | 12.4785 |
| March | 12.4461 | 11.9855 | 12.1686 |
| April | 12.1737 | 11.8050 | 12.0196 |
| May | 11.8736 | 11.5966 | 11.7764 |
| June | 11.7187 | 11.5411 | 11.6499 |
| July | 12.0398 | 11.5832 | 11.7621 |
| August | 12.0661 | 11.7737 | 11.8632 |
| September | 11.9777 | 11.7244 | 11.8571 |
| October | 11.8688 | 11.4797 | 11.7533 |
| November | 11.7424 | 11.1535 | 11.5261 |
| December | 11.3485 | 11.1105 | 11.2431 |