2017 NOK to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NOK to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NOK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 151.8712. Conversely, the yearly low was recorded on May 4, dropping to 133.9987.
This high-to-low spread represents a total annual volatility of 17.8725 IQD. From a start-to-finish perspective, comparing the January average rate of 139.5147 to the December average rate of 143.2216, the exchange rate registered a net change of 2.66% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 151.8712 was up 4.19% compared to the 2016 peak of 145.7648, 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 IQD 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 138.5816, compared to 145.4218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.8402 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 7.6684 IQD (High: 147.2221 / Low: 139.5537). On the other end, November was the most stable month, with a tight range of 2.4556 IQD (High: 143.5997 / Low: 141.1441).
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 February and March, when the average rate fell by 3.7126 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 149.5582) against the same month in 2016 (average: 141.8213), the exchange rate shifted by +7.7369 (+5.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 142.7521 | 136.2831 | 139.5147 |
| February | 144.6782 | 140.4634 | 141.8355 |
| March | 140.3270 | 136.1490 | 138.1228 |
| April | 138.0517 | 135.2086 | 136.3112 |
| May | 141.5146 | 133.9987 | 137.5834 |
| June | 140.2606 | 136.5785 | 138.1222 |
| July | 147.2221 | 139.5537 | 143.1582 |
| August | 151.3594 | 145.8790 | 147.9725 |
| September | 151.8712 | 146.7250 | 149.5582 |
| October | 149.0893 | 142.7068 | 146.0118 |
| November | 143.5997 | 141.1441 | 142.6087 |
| December | 145.0692 | 141.6941 | 143.2216 |