YEARLY HIGH
1722.2101 IDR
YEARLY LOW
1534.9649 IDR
YEARLY AVERAGE
1619.6909 IDR

2017 NOK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 1722.2101. Conversely, the yearly low was recorded on May 4, dropping to 1534.9649.

This high-to-low spread represents a total annual volatility of 187.2451 IDR. From a start-to-finish perspective, comparing the January average rate of 1579.4464 to the December average rate of 1630.5042, the exchange rate registered a net change of 3.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1722.2101 was up 4.29% compared to the 2016 peak of 1651.3688, 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 8,611,050 IDR
2016 Average 7,921,750 IDR
Yearly Trough Low 7,674,825 IDR
Transaction Impact: A difference of 936,225.73 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1713.7760
1533.1398
JanuMarcMayJulySeptNove

NOK to IDR 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 1572.8940, compared to 1666.4877 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 93.5938 points.

H1 Avg (Jan–Jun) 1572.8940
H2 Avg (Jul–Dec) 1666.4877

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 97.3083 IDR (High: 1688.8430 / Low: 1591.5348). On the other end, April was the most stable month, with a tight range of 25.1148 IDR (High: 1560.9721 / Low: 1535.8574).

July Spread (Volatile) ±97.3083
April Spread (Stable) ±25.1148

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 38.6496 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -38.6496

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 1698.7230) against the same month in 2016 (average: 1597.3720), the exchange rate shifted by +101.3510 (+6.34%).

2017 Avg (September) 1698.7230
2016 Avg (September) 1597.3720

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1619.2337 1548.3782 1579.4464
February 1627.1166 1585.6401 1600.8476
March 1588.7162 1550.4647 1568.9869
April 1560.9721 1535.8574 1548.1928
May 1596.5638 1534.9649 1567.2583
June 1596.7378 1554.7353 1572.6319
July 1688.8430 1591.5348 1636.2572
August 1721.2179 1674.1948 1691.6195
September 1722.2101 1675.3813 1698.7230
October 1711.3735 1654.5166 1690.2361
November 1663.9044 1625.2055 1651.5865
December 1652.2836 1615.0842 1630.5042