2017 NOK to HKD Historical Review

YEARLY HIGH

1.0110 HKD

YEARLY LOW

0.8963 HKD

YEARLY AVERAGE

0.9434 HKD

2017 NOK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 1.0110. Conversely, the yearly low was recorded on January 2, dropping to 0.8963.

This high-to-low spread represents a total annual volatility of 0.1147 HKD. From a start-to-finish perspective, comparing the January average rate of 0.9165 to the December average rate of 0.9400, the exchange rate registered a net change of 2.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0110 was up 3.98% compared to the 2016 peak of 0.9723, 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 5,055 HKD

2016 Average 4,623 HKD

Yearly Trough Low 4,482 HKD

Transaction Impact: A difference of 573.40 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0071

0.8953

JanuMarcMayJulySeptNove

NOK to HKD 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 0.9173, compared to 0.9695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0522 points.

H1 Avg (Jan–Jun) 0.9173

H2 Avg (Jul–Dec) 0.9695

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0617 HKD (High: 0.9913 / Low: 0.9296). On the other end, April was the most stable month, with a tight range of 0.0168 HKD (High: 0.9133 / Low: 0.8965).

July Spread (Volatile) ±0.0617

April Spread (Stable) ±0.0168

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 0.0220 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.9916) against the same month in 2016 (average: 0.9340), the exchange rate shifted by +0.0576 (+6.17%).

2017 Avg (August) 0.9916

2016 Avg (August) 0.9340

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9408	0.8963	0.9165
February	0.9452	0.9238	0.9316
March	0.9218	0.9023	0.9131
April	0.9133	0.8965	0.9046
May	0.9346	0.8966	0.9163
June	0.9354	0.9124	0.9219
July	0.9913	0.9296	0.9580
August	1.0110	0.9806	0.9916
September	1.0105	0.9810	0.9978
October	0.9897	0.9532	0.9759
November	0.9608	0.9387	0.9539
December	0.9522	0.9304	0.9400