YEARLY HIGH
23.1353 DJF
YEARLY LOW
20.5322 DJF
YEARLY AVERAGE
21.6444 DJF

2017 NOK to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 23.1353. Conversely, the yearly low was recorded on January 2, dropping to 20.5322.

This high-to-low spread represents a total annual volatility of 2.6031 DJF. From a start-to-finish perspective, comparing the January average rate of 21.1171 to the December average rate of 21.5087, the exchange rate registered a net change of 1.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 23.1353 was up 4.04% compared to the 2016 peak of 22.2368, 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 115,677 DJF
2016 Average 105,834 DJF
Yearly Trough Low 102,661 DJF
Transaction Impact: A difference of 13,015.56 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

23.0257
20.6052
JanuMarcMayJulySeptNove

NOK to DJF 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 21.1033, compared to 22.1854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0821 points.

H1 Avg (Jan–Jun) 21.1033
H2 Avg (Jul–Dec) 22.1854

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 1.4010 DJF (High: 22.6629 / Low: 21.2619). On the other end, April was the most stable month, with a tight range of 0.3851 DJF (High: 20.9971 / Low: 20.6120).

July Spread (Volatile) ±1.4010
April Spread (Stable) ±0.3851

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.5024 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.5024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 22.6338) against the same month in 2016 (average: 21.3591), the exchange rate shifted by +1.2747 (+5.97%).

2017 Avg (August) 22.6338
2016 Avg (August) 21.3591

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.7041 20.5322 21.1171
February 21.7815 21.2862 21.4789
March 21.2444 20.7774 21.0358
April 20.9971 20.6120 20.8069
May 21.4637 20.6090 21.0440
June 21.4183 20.9369 21.1370
July 22.6629 21.2619 21.9250
August 23.1353 22.3047 22.6338
September 23.1238 22.4753 22.8240
October 22.6379 21.8438 22.3617
November 22.0037 21.4801 21.8593
December 21.7634 21.2895 21.5087