YEARLY HIGH
4343.2344 IRR
YEARLY LOW
3475.1354 IRR
YEARLY AVERAGE
4002.2267 IRR

2017 NOK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 4343.2344. Conversely, the yearly low was recorded on January 2, dropping to 3475.1354.

This high-to-low spread represents a total annual volatility of 868.0990 IRR. From a start-to-finish perspective, comparing the January average rate of 3747.9342 to the December average rate of 4241.5188, the exchange rate registered a net change of 13.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 4343.2344 was up 15.21% compared to the 2016 peak of 3769.6954, 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 21,716,172 IRR
2016 Average 17,955,765 IRR
Yearly Trough Low 17,375,677 IRR
Transaction Impact: A difference of 4,340,494.84 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

4304.3241
3697.3533
JanuMarcMayJulySeptNove

NOK to IRR 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 3813.8218, compared to 4190.6317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 376.8099 points.

H1 Avg (Jan–Jun) 3813.8218
H2 Avg (Jul–Dec) 4190.6317

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 451.2411 IRR (High: 3926.3765 / Low: 3475.1354). On the other end, April was the most stable month, with a tight range of 70.1252 IRR (High: 3811.7416 / Low: 3741.6164).

January Spread (Volatile) ±451.2411
April Spread (Stable) ±70.1252

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 February and March, when the average rate fell by 76.8998 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -76.8998

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 4241.5188) against the same month in 2016 (average: 3508.9385), the exchange rate shifted by +732.5803 (+20.88%).

2017 Avg (December) 4241.5188
2016 Avg (December) 3508.9385

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3926.3765 3475.1354 3747.9342
February 3944.7007 3856.6117 3889.8549
March 3849.3517 3767.0108 3812.9551
April 3811.7416 3741.6164 3775.6391
May 3894.4680 3738.4049 3818.8695
June 3889.9648 3797.8793 3837.6778
July 4150.8866 3872.9498 4000.3022
August 4278.6083 4116.6188 4165.3329
September 4300.2255 4204.7870 4253.7432
October 4319.0135 4183.7001 4242.6961
November 4278.0587 4180.4083 4240.1968
December 4343.2344 4181.3832 4241.5188