YEARLY HIGH
43.8576 KZT
YEARLY LOW
36.0351 KZT
YEARLY AVERAGE
39.5108 KZT

2017 NOK to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 43.8576. Conversely, the yearly low was recorded on April 22, dropping to 36.0351.

This high-to-low spread represents a total annual volatility of 7.8225 KZT. From a start-to-finish perspective, comparing the January average rate of 39.1100 to the December average rate of 40.1687, the exchange rate registered a net change of 2.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 43.8576 was up 0.27% compared to the 2016 peak of 43.7390, 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 219,288 KZT
2016 Average 203,560 KZT
Yearly Trough Low 180,176 KZT
Transaction Impact: A difference of 39,112.70 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

44.1002
35.7229
JanuMarcMayJulySeptNove

NOK to KZT 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 37.6163, compared to 41.4052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7889 points.

H1 Avg (Jan–Jun) 37.6163
H2 Avg (Jul–Dec) 41.4052

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 2.9319 KZT (High: 41.4220 / Low: 38.4901). On the other end, December was the most stable month, with a tight range of 0.7363 KZT (High: 40.5824 / Low: 39.8461).

July Spread (Volatile) ±2.9319
December Spread (Stable) ±0.7363

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 1.5482 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.5482

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 43.4021) against the same month in 2016 (average: 41.2591), the exchange rate shifted by +2.1430 (+5.19%).

2017 Avg (September) 43.4021
2016 Avg (September) 41.2591

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 39.6162 38.5248 39.1100
February 39.6352 37.2247 38.4201
March 37.7156 36.6016 37.1588
April 36.8870 36.0351 36.4210
May 37.3695 36.2282 36.9225
June 38.6595 36.6898 37.6656
July 41.4220 38.4901 39.8806
August 43.4018 41.5866 42.2260
September 43.8576 42.8073 43.4021
October 43.2970 40.8017 42.1510
November 41.2632 39.6155 40.6028
December 40.5824 39.8461 40.1687