YEARLY HIGH
14.0095 ISK
YEARLY LOW
11.5718 ISK
YEARLY AVERAGE
12.9080 ISK

2017 NOK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 14.0095. Conversely, the yearly low was recorded on June 6, dropping to 11.5718.

This high-to-low spread represents a total annual volatility of 2.4377 ISK. From a start-to-finish perspective, comparing the January average rate of 13.5019 to the December average rate of 12.6094, the exchange rate registered a net change of -6.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 14.0095 was down 8.33% compared to the 2016 peak of 15.2817, 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 70,048 ISK
2016 Average 71,885 ISK
Yearly Trough Low 57,859 ISK
Transaction Impact: A difference of 12,188.55 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

13.7459
11.7625
JanuMarcMayJulySeptNove

NOK to ISK 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 12.7634, compared to 13.0526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2892 points.

H1 Avg (Jan–Jun) 12.7634
H2 Avg (Jul–Dec) 13.0526

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 1.2713 ISK (High: 13.9857 / Low: 12.7144). On the other end, December was the most stable month, with a tight range of 0.3212 ISK (High: 12.7566 / Low: 12.4354).

February Spread (Volatile) ±1.2713
December Spread (Stable) ±0.3212

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.7492 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7492

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 13.5019) against the same month in 2016 (average: 14.7503), the exchange rate shifted by -1.2484 (-8.46%).

2017 Avg (January) 13.5019
2016 Avg (January) 14.7503

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.0095 13.0770 13.5019
February 13.9857 12.7144 13.3805
March 13.2035 12.5209 12.8405
April 13.2547 12.3762 12.8393
May 12.3597 11.7322 12.0901
June 12.3269 11.5718 11.9278
July 13.3016 12.1990 12.7909
August 13.7402 13.1567 13.4202
September 13.7852 13.3093 13.5806
October 13.3662 12.8511 13.1886
November 13.0508 12.4059 12.7258
December 12.7566 12.4354 12.6094