YEARLY HIGH
0.8466 HRK
YEARLY LOW
0.7539 HRK
YEARLY AVERAGE
0.8003 HRK

2017 NOK to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.8466. Conversely, the yearly low was recorded on December 29, dropping to 0.7539.

This high-to-low spread represents a total annual volatility of 0.0926 HRK. From a start-to-finish perspective, comparing the January average rate of 0.8369 to the December average rate of 0.7653, the exchange rate registered a net change of -8.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8466 was up 0.73% compared to the 2016 peak of 0.8405, 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 4,233 HRK
2016 Average 4,053 HRK
Yearly Trough Low 3,770 HRK
Transaction Impact: A difference of 463.08 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8470
0.7578
JanuMarcMayJulySeptNove

NOK to HRK 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 0.8120, compared to 0.7886 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0234 points.

H1 Avg (Jan–Jun) 0.8120
H2 Avg (Jul–Dec) 0.7886

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0351 HRK (High: 0.7981 / Low: 0.7630). On the other end, February was the most stable month, with a tight range of 0.0117 HRK (High: 0.8466 / Low: 0.8349).

November Spread (Volatile) ±0.0351
February Spread (Stable) ±0.0117

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 0.0236 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0236

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.8396) against the same month in 2016 (average: 0.7991), the exchange rate shifted by +0.0405 (+5.06%).

2017 Avg (February) 0.8396
2016 Avg (February) 0.7991

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8428 0.8309 0.8369
February 0.8466 0.8349 0.8396
March 0.8363 0.8064 0.8160
April 0.8180 0.7973 0.8093
May 0.7976 0.7803 0.7903
June 0.7848 0.7726 0.7801
July 0.8007 0.7758 0.7881
August 0.8041 0.7889 0.7944
September 0.8076 0.7936 0.7995
October 0.8056 0.7892 0.7988
November 0.7981 0.7630 0.7856
December 0.7735 0.7539 0.7653