YEARLY HIGH
26.9607 GYD
YEARLY LOW
23.7184 GYD
YEARLY AVERAGE
25.1071 GYD

2017 NOK to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 26.9607. Conversely, the yearly low was recorded on May 4, dropping to 23.7184.

This high-to-low spread represents a total annual volatility of 3.2422 GYD. From a start-to-finish perspective, comparing the January average rate of 24.5097 to the December average rate of 24.8932, the exchange rate registered a net change of 1.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 26.9607 was up 4.87% compared to the 2016 peak of 25.7087, 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 134,803 GYD
2016 Average 122,631 GYD
Yearly Trough Low 118,592 GYD
Transaction Impact: A difference of 16,211.21 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

26.7791
23.9242
JanuMarcMayJulySeptNove

NOK to GYD 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 24.4775, compared to 25.7367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2592 points.

H1 Avg (Jan–Jun) 24.4775
H2 Avg (Jul–Dec) 25.7367

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 1.7117 GYD (High: 26.2051 / Low: 24.4934). On the other end, April was the most stable month, with a tight range of 0.5264 GYD (High: 24.3996 / Low: 23.8732).

July Spread (Volatile) ±1.7117
April Spread (Stable) ±0.5264

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 September and October, when the average rate fell by 0.6033 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.6033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 26.5412) against the same month in 2016 (average: 25.0276), the exchange rate shifted by +1.5136 (+6.05%).

2017 Avg (September) 26.5412
2016 Avg (September) 25.0276

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 25.1030 23.8334 24.5097
February 25.2339 24.6877 24.8837
March 24.6730 24.0292 24.4025
April 24.3996 23.8732 24.1621
May 24.9010 23.7184 24.3619
June 24.8756 24.3041 24.5450
July 26.2051 24.4934 25.4181
August 26.8257 25.8434 26.2791
September 26.9607 25.9492 26.5412
October 26.3225 25.4206 25.9379
November 25.6075 24.8480 25.3505
December 25.2290 24.5640 24.8932