YEARLY HIGH
35.0168 HUF
YEARLY LOW
31.3385 HUF
YEARLY AVERAGE
33.1636 HUF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 175,084 HUF
2016 Average 167,575 HUF
Yearly Trough Low 156,692 HUF
Transaction Impact: A difference of 18,391.62 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

35.1102
31.4987
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 33.7416
H2 Avg (Jul–Dec) 32.5856

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±1.3497
February Spread (Stable) ±0.4485

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 April and May, when the average rate fell by 0.9158 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9158

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (February) 34.8093
2016 Avg (February) 32.4602

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