YEARLY HIGH
15.3750 LRD
YEARLY LOW
10.5421 LRD
YEARLY AVERAGE
12.6725 LRD

2017 NOK to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 15.3750. Conversely, the yearly low was recorded on January 2, dropping to 10.5421.

This high-to-low spread represents a total annual volatility of 4.8329 LRD. From a start-to-finish perspective, comparing the January average rate of 11.0666 to the December average rate of 15.0999, the exchange rate registered a net change of 36.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 15.3750 was up 32.55% compared to the 2016 peak of 11.5993, 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 76,875 LRD
2016 Average 53,228 LRD
Yearly Trough Low 52,710 LRD
Transaction Impact: A difference of 24,164.67 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

15.5136
10.5494
JanuMarcMayJulySeptNove

NOK to LRD 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 11.0950, compared to 14.2500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1551 points.

H1 Avg (Jan–Jun) 11.0950
H2 Avg (Jul–Dec) 14.2500

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 3.4917 LRD (High: 14.8534 / Low: 11.3616). On the other end, June was the most stable month, with a tight range of 0.2544 LRD (High: 11.2312 / Low: 10.9768).

August Spread (Volatile) ±3.4917
June Spread (Stable) ±0.2544

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 February and March, when the average rate fell by 0.2628 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.2628

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 15.0554) against the same month in 2016 (average: 10.8126), the exchange rate shifted by +4.2428 (+39.24%).

2017 Avg (November) 15.0554
2016 Avg (November) 10.8126

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.4599 10.5421 11.0666
February 11.4530 11.1912 11.3112
March 11.1909 10.8861 11.0485
April 11.1021 10.8381 10.9631
May 11.2825 10.7672 11.0769
June 11.2312 10.9768 11.1035
July 11.7061 11.1329 11.3740
August 14.8534 11.3616 14.2471
September 15.1358 14.7253 14.9271
October 14.9845 14.5334 14.7968
November 15.3750 14.6211 15.0554
December 15.2955 14.9273 15.0999