2017 NOK to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 76.8998 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |