YEARLY HIGH
0.8444 DKK
YEARLY LOW
0.7456 DKK
YEARLY AVERAGE
0.7978 DKK

2017 NOK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.8444. Conversely, the yearly low was recorded on December 20, dropping to 0.7456.

This high-to-low spread represents a total annual volatility of 0.0988 DKK. From a start-to-finish perspective, comparing the January average rate of 0.8264 to the December average rate of 0.7563, the exchange rate registered a net change of -8.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8444 was up 1.40% compared to the 2016 peak of 0.8327, 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 4,222 DKK
2016 Average 4,007 DKK
Yearly Trough Low 3,728 DKK
Transaction Impact: A difference of 494.00 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8471
0.7481
JanuMarcMayJulySeptNove

NOK to DKK 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 0.8108, compared to 0.7848 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0260 points.

H1 Avg (Jan–Jun) 0.8108
H2 Avg (Jul–Dec) 0.7848

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0362 DKK (High: 0.7880 / Low: 0.7518). On the other end, February was the most stable month, with a tight range of 0.0106 DKK (High: 0.8444 / Low: 0.8337).

November Spread (Volatile) ±0.0362
February Spread (Stable) ±0.0106

Growth Streaks & Declines

Trends

Between 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 0.0214 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0214

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.8388) against the same month in 2016 (average: 0.7811), the exchange rate shifted by +0.0578 (+7.40%).

2017 Avg (February) 0.8388
2016 Avg (February) 0.7811

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8362 0.8181 0.8264
February 0.8444 0.8337 0.8388
March 0.8375 0.8068 0.8175
April 0.8167 0.7947 0.8078
May 0.7961 0.7803 0.7914
June 0.7867 0.7753 0.7828
July 0.8029 0.7793 0.7907
August 0.8052 0.7927 0.7978
September 0.8045 0.7910 0.7974
October 0.7990 0.7814 0.7919
November 0.7880 0.7518 0.7745
December 0.7625 0.7456 0.7563