YEARLY HIGH
146.2598 KRW
YEARLY LOW
128.5969 KRW
YEARLY AVERAGE
136.8388 KRW

2017 NOK to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 146.2598. Conversely, the yearly low was recorded on December 20, dropping to 128.5969.

This high-to-low spread represents a total annual volatility of 17.6629 KRW. From a start-to-finish perspective, comparing the January average rate of 139.6396 to the December average rate of 130.3295, the exchange rate registered a net change of -6.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 146.2598 was up 1.49% compared to the 2016 peak of 144.1104, 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 731,299 KRW
2016 Average 690,986 KRW
Yearly Trough Low 642,985 KRW
Transaction Impact: A difference of 88,314.57 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

146.1284
128.8933
JanuMarcMayJulySeptNove

NOK to KRW 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 134.6750, compared to 139.0026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3276 points.

H1 Avg (Jan–Jun) 134.6750
H2 Avg (Jul–Dec) 139.0026

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 7.0289 KRW (High: 137.8280 / Low: 130.7991). On the other end, September was the most stable month, with a tight range of 2.5689 KRW (High: 146.2598 / Low: 143.6909).

November Spread (Volatile) ±7.0289
September Spread (Stable) ±2.5689

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 October and November, when the average rate fell by 6.9390 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -6.9390

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 144.6921) against the same month in 2016 (average: 135.0987), the exchange rate shifted by +9.5934 (+7.10%).

2017 Avg (September) 144.6921
2016 Avg (September) 135.0987

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 141.3703 137.2321 139.6396
February 140.0383 134.9067 137.0915
March 136.8665 130.1026 133.3320
April 134.2550 130.0333 131.9092
May 134.3213 130.6970 132.4308
June 137.2055 131.8727 133.6470
July 142.2323 137.2534 139.0303
August 145.0799 141.5502 143.4518
September 146.2598 143.6909 144.6921
October 143.8169 137.0111 141.7254
November 137.8280 130.7991 134.7864
December 132.3034 128.5969 130.3295