2017 NOK to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |