YEARLY HIGH
1161.0506 GNF
YEARLY LOW
1056.1001 GNF
YEARLY AVERAGE
1104.2791 GNF

2017 NOK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 1161.0506. Conversely, the yearly low was recorded on June 21, dropping to 1056.1001.

This high-to-low spread represents a total annual volatility of 104.9505 GNF. From a start-to-finish perspective, comparing the January average rate of 1106.6888 to the December average rate of 1085.1088, the exchange rate registered a net change of -1.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1161.0506 was up 1.48% compared to the 2016 peak of 1144.1233, 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 5,805,253 GNF
2016 Average 4,984,648 GNF
Yearly Trough Low 5,280,501 GNF
Transaction Impact: A difference of 524,752.33 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1152.4080
1064.8269
JanuMarcMayJulySeptNove

NOK to GNF 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 1093.1090, compared to 1115.4493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.3403 points.

H1 Avg (Jan–Jun) 1093.1090
H2 Avg (Jul–Dec) 1115.4493

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 65.4643 GNF (High: 1140.7466 / Low: 1075.2823). On the other end, December was the most stable month, with a tight range of 27.8454 GNF (High: 1098.6953 / Low: 1070.8499).

July Spread (Volatile) ±65.4643
December Spread (Stable) ±27.8454

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 28.8018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -28.8018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 1145.1096) against the same month in 2016 (average: 1106.0773), the exchange rate shifted by +39.0323 (+3.53%).

2017 Avg (September) 1145.1096
2016 Avg (September) 1106.0773

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1135.7560 1080.6030 1106.6888
February 1140.2771 1097.8265 1125.6428
March 1113.2212 1073.7994 1096.8410
April 1088.5409 1059.9544 1078.9122
May 1096.8438 1056.5210 1078.4438
June 1086.2680 1056.1001 1072.1254
July 1140.7466 1075.2823 1104.9804
August 1156.9543 1112.4527 1132.5480
September 1161.0506 1126.4672 1145.1096
October 1135.7293 1101.2418 1122.9920
November 1112.5174 1081.6996 1101.9569
December 1098.6953 1070.8499 1085.1088