2017 NOK to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |