YEARLY HIGH
19.8093 LKR
YEARLY LOW
17.3164 LKR
YEARLY AVERAGE
18.4591 LKR

2017 NOK to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 19.8093. Conversely, the yearly low was recorded on January 2, dropping to 17.3164.

This high-to-low spread represents a total annual volatility of 2.4929 LKR. From a start-to-finish perspective, comparing the January average rate of 17.7192 to the December average rate of 18.4311, the exchange rate registered a net change of 4.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 19.8093 was up 7.96% compared to the 2016 peak of 18.3487, 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 99,047 LKR
2016 Average 87,057 LKR
Yearly Trough Low 86,582 LKR
Transaction Impact: A difference of 12,464.64 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

19.7310
17.5209
JanuMarcMayJulySeptNove

NOK to LKR 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 17.8956, compared to 19.0226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1270 points.

H1 Avg (Jan–Jun) 17.8956
H2 Avg (Jul–Dec) 19.0226

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 1.1847 LKR (High: 19.4497 / Low: 18.2650). On the other end, February was the most stable month, with a tight range of 0.3241 LKR (High: 18.2673 / Low: 17.9432).

July Spread (Volatile) ±1.1847
February Spread (Stable) ±0.3241

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 0.4341 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 19.5468) against the same month in 2016 (average: 17.7450), the exchange rate shifted by +1.8018 (+10.15%).

2017 Avg (September) 19.5468
2016 Avg (September) 17.7450

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.1777 17.3164 17.7192
February 18.2673 17.9432 18.1292
March 17.9929 17.5102 17.8191
April 17.8411 17.5029 17.7051
May 18.3294 17.4928 17.9315
June 18.3551 17.9089 18.0695
July 19.4497 18.2650 18.8123
August 19.6984 19.1730 19.3795
September 19.8093 19.2525 19.5468
October 19.5004 18.7628 19.2001
November 18.9089 18.3720 18.7660
December 18.6829 18.1559 18.4311