2017 NOK to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NOK to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NOK to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 35.0168. Conversely, the yearly low was recorded on December 20, dropping to 31.3385.
This high-to-low spread represents a total annual volatility of 3.6783 HUF. From a start-to-finish perspective, comparing the January average rate of 34.3321 to the December average rate of 31.7997, the exchange rate registered a net change of -7.38% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 35.0168 was down 0.37% compared to the 2016 peak of 35.1457, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
NOK to HUF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 33.7416, compared to 32.5856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1560 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 1.3497 HUF (High: 32.9692 / Low: 31.6195). On the other end, February was the most stable month, with a tight range of 0.4485 HUF (High: 35.0168 / Low: 34.5684).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 0.9158 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 34.8093) against the same month in 2016 (average: 32.4602), the exchange rate shifted by +2.3491 (+7.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.9139 | 33.9491 | 34.3321 |
| February | 35.0168 | 34.5684 | 34.8093 |
| March | 34.7373 | 33.4947 | 34.0691 |
| April | 34.4397 | 33.3011 | 33.8518 |
| May | 33.3161 | 32.4805 | 32.9360 |
| June | 32.7449 | 32.2565 | 32.4512 |
| July | 32.9926 | 32.2967 | 32.5951 |
| August | 33.1185 | 32.3767 | 32.6404 |
| September | 33.5024 | 32.7017 | 33.0545 |
| October | 33.3395 | 32.6141 | 32.9778 |
| November | 32.9692 | 31.6195 | 32.4459 |
| December | 32.1964 | 31.3385 | 31.7997 |